Escudo
| Escudo |
|---|
 |  |
| 1 escudo 2000 |
The Escudo was the official currency of Portugal prior to the introduction of the Euro in January 1, 2002. 100 centavos made up one escudo. Its symbol was the cifrão, similar to a dollar sign ($) but with two vertical bars instead of one. Amounts in escudos were written as escudos$centavos with the cifrão as the decimal separator (e.g. 25$00 means 25 escudos, 100$50 means 100 escudos and 50 centavos). Inflation made centavos essentially useless and centavo coins were eventually withdrawn from circulation (the 2$50 coin was the last one with a fractional value in escudos). Prior to elimination of local currencies and at the time of conversion, the exchange rate was 200.482 escudos to one Euro.
The ISO 4217 code of the escudo was PTE.
Escudo is Portuguese for "shield".
Referenced By
Cabo Verde | Cap Verde | Cape Verde | Cape Verde Archipelago | Cape Verde Islands | Cape de Verd Islands | Currencies | Currency | Currency code | Currency codes | Euro | EuroCurrency | Euro cent | Fixed exchange rates between the euro and old european currencies | Fixed exchange rates to the euro | ISO 3166-1:CV | ISO 4217 | ISO currency code | List of currency codes | Monetary unit | Republic of Cape Verde | The Euro
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