Currency of Uruguay issued by Banco Nacional of Buenos Aires for Provincia Oriental ("Eastern Province", i.e., Uruguay). All parties to the conflict used the Spanish dollar (Spanish "peso", Portuguese " patacão"), which circulated with a value of 8 Spanish reales or 960 Brazilian reis. Circulation consisted of coins from mints in Mexico, Potosí, Brazil, and Buenos Aires. During the turbulent period of conflict preceding independence, a considerable amount of poor-quality copper coin from both Buenos Aires and Brazil came into circulation. Peso (Patacón) = 8 Reales = 800 Centésimos de real (centavos) Onza de oro = 16 Pesos In 1828, Uruguay's currency was
History of Brazil History of Brazil The history of Brazil starts with indigenous people in Brazil. Europeans arrived in Brazil at the opening of the 16th century. The first European to colonize what is now the Federation Republic of Brazil on the continent of South America was Pedro Álvares Cabral (c.1467/1468-c.1520) on April 22, 1500 under the sponsorship of the Kingdom of Portugal. From the 16th to the early 19th century, Brazil was a colony and a part of the Portuguese Empire. The country expanded south along the coast and west along the Amazon and other inland rivers from the original 15 donatary