History. 1  In 1817, the first edition of the Peso was introduced and was valued against the Spanish Real. 2  In 1851, the Peso equaled 5 French francs. 3  In 1960, the Peso was replaced by the Escudo at a rate of 1,000 Pesos = 1 Escudo. 4  In 1975, the second edition of the Peso was introduced to replace the escudo. 1,000 escudos = 1 peso.
In 1889, Johann Strauss II composed the Emperor Waltz (originally called âHand in Handâ) as a symbolic toast to friendship from the Austrian Emperor Franz Josef to the German Kaiser Willhelm II. The waltz was first performed in Berlin on 21 October 1889.
Blue Danube. An all-time favourite, the Blue Danube (1866), written by âwaltz kingâ Johann Strauss II, is broadcast at midnight on New Yearâs Eve on Austrian TV and radio, then played live by the Vienna Philharmonic the next morning in the gilded Musikverein to a global audience.