Escudo

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Escudo

The name of several current and former currencies. The word derives from the Portuguese word for shield. The Portuguese escudo was the currency of Portugal until the introduction of the euro in 1999. Most other escudos circulated in former Portuguese colonies. The only current currency with the name is the Cape Verdean escudo.
References in periodicals archive ?
In the year 1566, our king Philip II raised the value of each escudo to 400 maravedis, without changing their weight nor the amount of gold or silver in the blending, (9) so that a half pound of [escudos] was worth 27,200 maravedis, which is their value today.
The currency is expected to begin circulating more widely after Portugal begins implementing its offer to pay the salaries of teachers and other East Timorese civil servants in escudos, at least for the months of October and November.
The Argentina plant will manufacture 6,000 Escudos in the initial year of operation, of which 4,200 will carry the GM logo and the remainder the Suzuki label.
This would have resulted in a net income of Escudos 8,195,858,000, or Escudos 65.
Thus, for example, when Philip appraised the escudos so that from then on they would be worth 400 maravedis (7) and ordered that for no reason at all could anyone receive a higher price for them, he equally declared that the ducats that Ferdinand and Isabella had ordered minting out of finer gold had a greater value than when they had been minted, due to the greater weight and greater quantity of gold in them.
WHEN Maritimo offered FC Andorinha 50,000 escudos for Cristiano Ronaldo,no one believed that within a decade the youngster would develop into one of the most expensive teenagers in the footballing world.
Francs, pesetas, escudos have not just been converted they've been hiked - sometimes doubled.
But the Supreme Court in Portugal has now reduced his sentence to six years and a 600,000 escudos (pounds 2,000) fine.
Your pound will buy you around 480 Greek drachmas, nearly 300 escudos on the Algarve, up to 250 pesetas in Spain, and about 9.
Although euro notes and coins won't be issued to replace Irish pounds, Portuguese escudos, Austrian schillings and the rest until 2002, the new currency will immediately come into use for noncash transactions ranging from government bond issues to credit card and check purchases.
They haven't much use in the Potteries for the Dutch guilders, French francs and Portuguese escudos Arsenal have lavished on a team their own fans boo.
If you're buying Portuguese escudos, you'll land an extra 44,000 - worth pounds 153.