Portuguese Escudo


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Portuguese Escudo

The former currency of Portugal. It was introduced in 1911 following the republican revolution, and was marked by high inflation throughout its history. It was removed from circulation and replaced by the euro in 2002.
References in periodicals archive ?
Against the Greek drachma, the pound is nearly 13 per cent stronger, while the pound is more than 9 per cent stronger against the Portuguese escudo.
International currencies supported by the CyberSource solutions include the Austrian Schilling, Australian Dollar, Belgian Franc, Canadian Dollar, Swiss Franc, German Mark, Danish Krone, Spanish Peseta, Euro, Finnish Markka, French Franc, British Pound, Greek Drachma, Hong Kong Dollar, Irish Punt, Indian Rupee, Italian Lira, Japanese Yen, Malaysian Ringgit, Dutch Guilder, Norwegian Krone, New Zealand Dollar, Philippine Peso, Pakistan Rupee, Portuguese Escudo, South African Rand, Swedish Krona, Thai Baht, and U.
8 per cent rise of the US Dollar, which is ESFG's reporting currency, against the Portuguese Escudo, in which most of its income is denominated(1).
The rise of the US dollar against the Portuguese Escudo had a strong effect which is revealed in the increase shown in the balance sheet item Accumulated Foreign Exchange Translation; however, on the positive side, the rise of the US dollar against the ECU, the currency in which a substantial part of ESFH's debt is denominated, accounted for a large portion of Net Gains on Foreign Currency Transactions.
It should be noted that all items in the consolidated income statement expressed in US dollars show the effects of the valuation of the US currency against the Portuguese Escudo of 3.
dollar in relation to the Portuguese Escudo, the currency in which most of the Company's assets are denominated.
s Portuguese Escudo (PTE) 25 billion multi-currency commercial paper program.
The Portuguese government has consistently supported Metro, providing operating subsidies to cover below-cost tariffs, periodically assuming portions of the company's debt, and injecting equity -- Portuguese escudo (Esc) 55 billion (about $348.
I have several thousand old Portuguese escudos in my bedside drawer.
Celtic fans said the printed price of 130 Portuguese escudos converted to less than 33 shillings but the SFA told them the extra sum was to cover administration costs
The national currency of the 12 countries which have joined the Euro and become worthless on January 1 are Austrian schillings, Belgian francs, Dutch guilders, Finnish marks, French francs, German deutschmarks, Greek drachma, Irish punt, Italian lira, Luxembourg francs, Portuguese escudos and Spanish pesetas.