Portuguese escudo
former currency of Portugal from 1911 until 1999
The Portuguese escudo was the currency of Portugal prior to the introduction of the euro on 1 January 1999 and the removal of the escudo from circulation on 28 February 2002. The escudo was subdivided into 100 centavos. The word escudo derives from the scutum shield.
| Portuguese escudo | |||||
|---|---|---|---|---|---|
| Escudo português (Portuguese) | |||||
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| ISO 4217 Code | PTE | ||||
| User(s) | previously: Portugal | ||||
| Inflation | 2.8% (2000) | ||||
| Source | worldpress.org | ||||
| ERM | |||||
| Since | 19 June 1989 | ||||
| Fixed rate since | 31 December 1998 | ||||
| Replaced by €, non cash | 1 January 1999 | ||||
| Replaced by €, cash | 1 January 2002 | ||||
| € = | 200.482.svg){kind=small}
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| Subunit | |||||
| 1⁄100 | centavo | ||||
| Symbol |  (; substituted with ⟨$⟩ when ⟨⟩ not available)
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| Plural | escudos | ||||
| centavo | centavos | ||||
| Coins | |||||
| Freq. used | 1, 5, 10, 20, 50, 100, 200 (2001)
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| Banknotes | |||||
| Freq. used | 500, 1,000, 2,000, 5,000, 10,000 (2001)
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| Central bank | Banco de Portugal | ||||
| Website | www.bportugal.pt | ||||
| Mint | Imprensa Nacional-Casa da Moeda | ||||
| Website | www.incm.pt | ||||
| This infobox shows the latest status before this currency was rendered obsolete. | |||||
Amounts in escudos were written as escudos centavos with the cifrão as the decimal separator (for example: 2500 means 25.00, 10050 means 100.50). Because of the conversion rate of 1000 réis = 1, three decimal places were initially used (1 = 1000).