1 Macuta - José I

The macuta was a Portuguese colonial unit of account adopted in Angola specifically to facilitate trade with African merchants already using central African copper currency systems. José I's administration introduced the denomination partly to regularize commerce that had long relied on a chaotic mix of imported goods, cloth, and local copper as exchange media. The colonial economy it served ran heavily on the slave trade, with macutas functioning as the practical currency of that commerce along the Angolan coast and interior trading routes.