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Currency history

Castilian maravedí / real de vellón accounting

Dates in use
Introduction and ending not established
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Castilian maravedí / real de vellón accounting

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The story

Rivero Hernández distinguishes the later Castilian maravedí unit of account from earlier physical coinage. [1]

The 1497 reform summary rates a real at 34 maravedís, a ducado at 375, and a blanca at one-half. [2]

Gonzalo de Baeza’s treasury accounts beginning in 1477 converted payment amounts into maravedís. Firm account-unit witness; does not create an ancestry edge to the concurrent real. [3]

Turning points

January 1182 fuero of SantaMaría deCortes computes monetary penalties at five…

January 1182 fuero of SantaMaría deCortes computes monetary penalties at five sueldos per maravedí. This is an account-unit witness, not a coin-issue date. Association with the later billon-maravedí/realdevellón identity remains qualified; this is not a proved continuous obligation chain. Association with the later continuous currency identity remains qualified. [4]

Fernando III's treaty debt of 21000 maravedís was payable in specified amounts of…

Fernando III's treaty debt of 21000 maravedís was payable in specified amounts of billon; the 1218 renewal retained the obligation and payment alternatives. Association with the later continuous currency identity remains qualified. [5]

Rating context

Rivero Hernández distinguishes the later Castilian maravedí unit of account from earlier physical coinage. The 1497 reform summary rates a real at 34 maravedís, a ducado at 375, and a blanca at one-half. [1] [2]

Sources and evidence

  1. Iván Rivero Hernández; Historia Mexicana 73(2), 2023 · El oro y los “pesos de oro” en los inicios de Nueva España. Una propuesta de reinterpretación
  2. Iván Rivero Hernández; Historia Mexicana 73(2), 2023 · El oro y los “pesos de oro” en los inicios de Nueva España. Una propuesta de reinterpretación
  3. José María de Francisco Olmos, En la España Medieval 21 (1998), pp. 115–142 · La evolución de los cambios monetarios en el reinado de Isabel la Católica según las cuentas del tesorero Gonzalo de Baeza (1477–1504)
  4. Gonzalo Oliva Manso · Cien años de moneda en Castilla(1172–1268). El siglo del maravedí de oro, Espacio Tiempo y FormaIII31(2018),483–519
  5. Gonzalo Oliva Manso · Cien años de moneda en Castilla(1172–1268). El siglo del maravedí de oro, Espacio Tiempo y FormaIII31(2018),483–519

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“Castilian maravedí / real de vellón accounting.” The Family Tree of Money. © Field Technologies, Inc. Updated 2026-10-14; data version v49. https://familytreeofmoney.org/currency/T-FTM000621.html

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