{"id":23289,"date":"2024-02-13T13:15:16","date_gmt":"2024-02-13T18:15:16","guid":{"rendered":"https:\/\/traveling-cook.com\/?p=23289"},"modified":"2024-02-13T17:32:14","modified_gmt":"2024-02-13T22:32:14","slug":"piece-of-eight-real-de-a-ocho-global-currency","status":"publish","type":"post","link":"https:\/\/traveling-cook.com\/piece-of-eight-real-de-a-ocho-global-currency\/","title":{"rendered":"Real of Eight – Real de a ocho and Global Currency"},"content":{"rendered":"
It was the first global currency that preceded the British gold pound<\/a> sterling<\/em> and also the United States dollar.<\/strong> It was widely used and its hegemony in world trade extended for more than 300 years. Americans relied on his model to develop their own dollar, called the Spanish dollar or Spanish pillar dollar.<\/span><\/p>\n The political protagonism, the historical projection and the prestige of Spain<\/a> as a great European power in the 16th century reached its highest level during the reigns of Carlos I and Felipe II, circumstances that were more than favorable for the birth of the Spanish international currency, the Real de a Ocho,<\/strong> the most accredited and demanded silver coin of its time.<\/span><\/p>\n <\/p>\n