Milréis

This article does not cite any sources. Please help by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources:  –  ·  ·  · scholar · JSTOR (November 2007) (Learn how and when to remove this template message)

The mil-réis (literally one thousand réis) was effectively a unit of currency in both Portugal (until 1911) and Brazil (until 1942).^{[citation needed]}

The usage of mil-réis as a word dates back to the economic crises of the 19th century, when the currency was devalued for the first time and most prices reached the thousands.

It was replaced in 1911 by the escudo in Portugal [one escudo (1$000)= one thousand réis] and in 1942 by the cruzeiro in Brazil. By the time it was replaced by the cruzeiro in Brazil, one mil-réis (1$000) was worth a dozen loaves of bread.

External links[]

• Cédulas Brasileiras / Réis

This article about a unit of currency is a stub. You can help Wikipedia by .

• v
• t

This article article about the history of Brazil is a stub. You can help Wikipedia by .

• v
• t

This article about Portuguese history is a stub. You can help Wikipedia by .

• v
• t