Afonso Augusto Moreira Pena6 December 1906
Brazil creates the Caixa de Conversao to issue notes convertible against gold-backed reserves at a fixed exchange rate, stabilising the milreis.
Brazil · Economy / Gold Standard. Chronological records rendered directly from the World History Database.
Brazil creates the Caixa de Conversao to issue notes convertible against gold-backed reserves at a fixed exchange rate, stabilising the milreis.
This factsheet is generated from stored World History Database records matching the country, broad category, detailed category and exact Event value shown above. Duplicate display records are collapsed; database wording is otherwise preserved. Source provenance varies by record, so formal academic citation should be checked against the relevant primary source, archive or specialist historical reference.