what kind of currency does puerto rico use
Currencies of Puerto Rico On August 13, 1898, the Spanish–American War ended with Spain ceding Puerto Rico to the United States. The Banco Español de Puerto Rico was renamed Bank of Porto Rico and issued bills equivalent to the United States dollar, creating the Puerto Rican dollar. In 1902, the First National Bank of Porto Rico issued banknotes in a parallel manner. Two more series were issued until 1913. After Puerto Rico's economy and monetary system was fully integrated into the United States' economic and monetary system, the Puerto Rican dollars were redeemed for those issued by the United States Treasury. The peso and dollar have been followed by other contemporary issues, including commemorative banknotes, private currency, and a quarter coin designed with Fort San Felipe del Morro in the face.
Puerto Rico Originally populated by the indigenous Taíno people, the island was claimed in 1493 by Christopher Columbus for Spain during his second voyage. Later it endured invasion attempts from the French, Dutch, and British. Four centuries of Spanish colonial government influenced the island's cultural landscapes with waves of African slaves, Canarian, and Andalusian settlers. In the Spanish Empire, Puerto Rico played a secondary, but strategic role when compared to wealthier colonies like Peru and the mainland parts of New Spain.[21][22] Spain's distant administrative control continued up to the end of the 19th century, helping to produce a distinctive creole Hispanic culture and language that combined elements from the Native Americans, Africans, and Iberians.[23] In 1898, following the Spanish–American War, the United States acquired Puerto Rico under the terms of the Treaty of Paris.
Puerto Rico Originally populated by the indigenous Taíno people, the island was claimed in 1493 by Christopher Columbus for Spain during his second voyage. Later it endured invasion attempts from the French, Dutch, and British. Four centuries of Spanish colonial government influenced the island's cultural landscapes with waves of African slaves, Canarian, and Andalusian settlers. In the Spanish Empire, Puerto Rico played a secondary, but strategic role when compared to wealthier colonies like Peru and the mainland parts of New Spain.[20][21] Spain's distant administrative control continued up to the end of the 19th century, helping to produce a distinctive creole Hispanic culture and language that combined elements from the Native Americans, Africans, and Iberians.[22] In 1898, following the Spanish–American War, the United States acquired Puerto Rico under the terms of the Treaty of Paris.
Puerto Rico Puerto Rico[a] (pɔrtə ɹikoʊ, Spanish: pwɛrtɔ rikɔ) (Spanish for "Rich Port"), officially the Commonwealth of Puerto Rico (Spanish: Estado Libre Asociado de Puerto Rico, lit. "Free Associated State of Puerto Rico")[b] and briefly called Porto Rico,[c][18][19][20] is an unincorporated territory of the United States located in the northeast Caribbean Sea.