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.
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.
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.
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.

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