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Narrative of the Circumnavigation of the Globe by the Austrian Frigate Novara, Volume I

Note 38 — V.

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One milreis = 1000 reis = about 2s. English. The Brazilian milreis is of this small value as compared with that of the Portuguese (3 to 7), in consequence of its being represented by paper-money of fluctuating value, which gradually became so depreciated that Government, when regulating the value in 1846, were not in a position to restore it to its par value of 3s. 4d. sterling.

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