The real was the currency of Sao Tome and Principe until 1914. It was equivalent to the Portuguese real. The coins were issued specifically for São Tomé and Príncipe until 1825 and the tickets were issued for the colony only in 1897. The real was replaced by the shield from Santiago at a rate of 1,000 reales = 1 escudo. Banknotes
In 1897, the National Ultramarine Bank introduced 1,000, 2,000, 2,500, 5,000, 10,000 and 20,000 real notes. In 1909, bills valued at 50,000 reais were added to the circulation. Coins
Until 1825, copper coins of 20, 40 and 80 reales had been coined in São Tomé and Príncipe.
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