Azorean real
Encyclopedia
The real was the currency of the Azores
Azores
The Archipelago of the Azores is composed of nine volcanic islands situated in the middle of the North Atlantic Ocean, and is located about west from Lisbon and about east from the east coast of North America. The islands, and their economic exclusion zone, form the Autonomous Region of the...

 until 1911. It was equal to the Portuguese real
Portuguese real
The real was the unit of currency of Portugal from around 1430 until 1911. It replaced the dinheiro at the rate of 1 real = 840 dinheiros and was itself replaced by the escudo at a rate of 1 escudo = 1000 réis...

. Coins were issued specifically for the Azores until 1901 and notes were issued between 1895 and 1910. Although the Portuguese escudo
Portuguese escudo
The escudo was the currency of Portugal prior to the introduction of the Euro on 1 January 1999 and its removal from circulation on 28 February 2002. The escudo was subdivided into 100 centavos....

 replaced the real (1000 réis = 1 escudo) in 1911, the banknotes continued to circulate until 1932.

Coins

In the late 18th century, copper 5, 10 and 20 réis and silver 75, 150 and 300 réis coins were issued. Production of silver coins ceased in 1798. In 1829, emergency coins were issued by Maria II on Terceira Island
Terceira Island
Referred to as the “Ilha Lilás” , Terceira is an island in the Azores archipelago, in the middle of the North Atlantic Ocean. It is one of the larger islands of the archipelago, with a population of 56,000 inhabitants in an area of approximately 396.75 km²...

. These were 80 réis coins cast in gun or bell metal. From 1843, smaller, copper 5, 10 and 20 réis were issued, with the 20 réis ceasing in 1866 whilst the 5 and 20 réis continued until 1901. In both 1871 and 1887, various foreign coins were overstamped for use on the Azores. This produced denominations of 10, 20, 40, 120, 300, 600 and 1200 réis in 1871 and 15, 120, 300, 600 and 1200 réis in 1887.

Banknotes

In 1895, 5000, 10,000, 20,000 and 50,000 réis notes were issued by the Agencias dos Açôres. These were followed by Banco de Portugal notes, overstamped with "Açôres", in denominations of 2500, 5000, 10,000, 20,000 and 50,000 réis.
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