Back اسكودو بورتوجالى ARZ Portuqaliya eskudosu Azerbaijani Португалско ескудо Bulgarian Portugalski eskudo BS Escut portuguès Catalan Portugalské escudo Czech Portugiesischer Escudo German Εσκούδο Πορτογαλίας Greek Portugala eskudo Esperanto Escudo portugués Spanish

Portuguese escudo

Portuguese escudo
Escudo português (Portuguese)
25 escudo (1985), obverse25 escudo (1985), reverse
ISO 4217
CodePTE
Unit
UnitEscudo
Pluralescudos
Symbol‎ (⟨$⟩ is used when double-barred cifrão is not available)
Denominations
Superunit
 1000conto
Subunit
 1⁄100centavo
Plural
 centavocentavos
Banknotes
 Freq. used500Dollar sign with two vertical lines, 1,000Dollar sign with two vertical lines, 2,000Dollar sign with two vertical lines, 5,000Dollar sign with two vertical lines, 10,000Dollar sign with two vertical lines
 Rarely used100Dollar sign with two vertical lines
Coins
 Freq. used1Dollar sign with two vertical lines, 5Dollar sign with two vertical lines, 10Dollar sign with two vertical lines, 20Dollar sign with two vertical lines, 50Dollar sign with two vertical lines, 100Dollar sign with two vertical lines, 200Dollar sign with two vertical lines
 Rarely used2Dollar sign with two vertical lines50, 25Dollar sign with two vertical lines
Demographics
User(s)None, previously:
 Portugal
Issuance
Central bankBanco de Portugal
 Websitewww.bportugal.pt
MintImprensa Nacional-Casa da Moeda
 Websitewww.incm.pt
Valuation
Inflation2.8% (2000)
 Sourceworldpress.org
EU Exchange Rate Mechanism (ERM)
Since19 June 1989
Fixed rate since31 December 1998
Replaced by euro, non cash1 January 1999
Replaced by euro, cash1 January 2002
1 € =200.482 PTE
This infobox shows the latest status before this currency was rendered obsolete.

The Portuguese escudo was the currency of Portugal replacing the real on 22 May 1911 and was in use until the introduction of the euro on 1 January 2002. The escudo was subdivided into 100 centavos. The word escudo literally means shield; like other coins with similar names, it depicts the coat of arms of the state.

Amounts in escudos were written as escudos Dollar sign with two vertical lines centavos with the cifrão as the decimal separator (for example: 25Dollar sign with two vertical lines00 means 25.00 escudos, 100Dollar sign with two vertical lines50 means 100.50 escudos). Because of the conversion rate of 1,000 réis = 1Dollar sign with two vertical lines, three decimal places were initially used (1Dollar sign with two vertical lines = 1Dollar sign with two vertical lines000).

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