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 ?
The fixed parity between the Euro and the Cape Verde Escudo will follow from the official conversion rate fixed on 1 January 1999 between the Euro and the Portuguese Escudo.
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.
The US dollar strengthened 12% in 2000 towards the Norwegian krone (NOK) and 15% against the Portuguese escudos (PTE).
He said more than "6 tons" of coins and "hundreds of kilograms" of bills, all denominated in Portuguese escudos, have been brought into the territory with permission from the United Nations, which is administering the territory until it becomes independent in two to three years.
The US dollar has strengthened significantly in 1999 towards the Norwegian krone (NOK) and Portuguese escudos (PTE).
She said she couldn't buy a ticket from one of the machines because she didn't have any cash - she only had Portuguese escudos after arriving back from holiday on Sunday night.
AND SUBSIDIARIES (amounts stated in millions of Portuguese Escudos - PTE - and millions of euros- euro, excluding (a)) 1999 1998 % Chg Euro PTE PTE Consolidated Operating Revenues 3,218 645,243 587,839 9.
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.
PORTUGAL TELECOM AND SUBSIDIARIES (amounts stated in millions of Portuguese Escudos - PTE - and millions of Euros- Euro, excluding (a)) Nine month period ended Sept.
CONSOLIDATED OPERATING REVENUES BY BUSINESS AREA (amounts stated in millions of Portuguese Escudos - PTE - and millions of euros- Euro) 1H99 1H98 Euro PTE PTE % change Wireline Businesses -Portugal 1,083.
AND SUBSIDIARIES (amounts in millions of Portuguese Escudos - PTE - and millions of US Dollars - USD, except (*)) 1Q99 1Q98 USD PTE PTE Consolidated Operating Revenues, of which: 815.