Escudo
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Escudo
The escudo ( Portuguese: 'shield') is a unit of currency which is used in Cape Verde, and which has been used by Portugal, Spain and their colonies. The original coin was worth 16 silver . The Cape Verdean escudo is, and the Portuguese escudo was, subdivided into 100 . Its symbol is the , a letter S with two vertical bars superimposed used between the units and the subdivision (for example, ). In Spain and its colonies, the '' escudo'' refers to a gold coin worth sixteen '' reales de plata'' or forty ''reales de vellón''. Currencies named "escudo" Circulating * Cape Verdean escudo Obsolete *Angolan escudo *Chilean escudo * French écu *Mozambican escudo *Portuguese escudo *Portuguese Guinean escudo *Portuguese Indian escudo *Portuguese Timorese escudo *São Tomé and Príncipe escudo *Spanish escudo The escudo was either of two distinct Spanish currency denominations. Gold escudo The first escudo was a gold coin introduced in 1535/1537, with coins denominated in esc ...
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Cape Verdean Escudo
The escudo (sign: ; ISO 4217: CVE) is the currency of the Republic of Cape Verde. One escudo is subdivided into one hundred ''centavos''. Amounts are generally written by using the () as the decimal separator, such as for 20 escudos, or for 1000. History The escudo became the currency of Cape Verde in 1914. It replaced the Cape Verdean real at a rate of 1000 = 1 escudo. Until 1930, Cape Verde used Portuguese coins, although banknotes were issued by the Banco Nacional Ultramarino specifically for Cape Verde beginning in 1865. Until independence in 1975, the Cape Verde escudo was equal to the Portuguese escudo. Subsequently, it depreciated, declining by about 30 per cent in 1977–78 and by a further 40 per cent in 1982–84. Thereafter, it remained fairly stable against the Portuguese escudo. In mid-1998 an agreement with Portugal established a pegged rate of 1 Portuguese escudo = 0.55 Cape Verdean escudos. Since the replacement of the Portuguese escudo with the euro, ...
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Portuguese Escudo
The Portuguese escudo (, ) was the currency of Portugal replacing the ''real'' on 22 May 1911 and was in use until the introduction of the euro on 1 January 2002. The escudo was subdivided into 100 . The word literally means shield; like other coins with similar names, it depicts the coat of arms of the state. Amounts in escudos were written as with the as the decimal separator (for example: means 25.00 escudos, means 100.50 escudos). Because of the conversion rate of 1,000 = , three decimal places were initially used ( = ). History The currency replaced by the escudo in 1911 was denominated in Portuguese reals (plural: ) and worth 1,000 . The was equivalent to 2.0539 grams fine gold from 1688 to 1800, and 1.62585 g from 1854 to 1891. Gold worth 1.6 (or 1.600; not to be confused with the 20th-century currency) were issued from 1722 to 1800 in denominations of , 1, 2, 4 and 8 . The escudo (gold) was again introduced on 22 May 1911, after the 1910 Republican revolut ...
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Escudo
The escudo ( Portuguese: 'shield') is a unit of currency which is used in Cape Verde, and which has been used by Portugal, Spain and their colonies. The original coin was worth 16 silver . The Cape Verdean escudo is, and the Portuguese escudo was, subdivided into 100 . Its symbol is the , a letter S with two vertical bars superimposed used between the units and the subdivision (for example, ). In Spain and its colonies, the '' escudo'' refers to a gold coin worth sixteen '' reales de plata'' or forty ''reales de vellón''. Currencies named "escudo" Circulating * Cape Verdean escudo Obsolete *Angolan escudo *Chilean escudo * French écu *Mozambican escudo *Portuguese escudo *Portuguese Guinean escudo *Portuguese Indian escudo *Portuguese Timorese escudo *São Tomé and Príncipe escudo *Spanish escudo The escudo was either of two distinct Spanish currency denominations. Gold escudo The first escudo was a gold coin introduced in 1535/1537, with coins denominated in esc ...
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Mozambican Escudo
The escudo was the currency of Mozambique from 1914 until 1980. It was subdivided into 100 ''centavos''. History The escudo replaced the real at a rate of 1 escudo = 1000 réis. It was equal in value to the Portuguese escudo until 1977. Initially, Mozambique had its own paper money but used Portuguese coins. Only in 1935 were coins issued specifically for use in Mozambique Mozambique, officially the Republic of Mozambique, is a country located in Southeast Africa bordered by the Indian Ocean to the east, Tanzania to the north, Malawi and Zambia to the northwest, Zimbabwe to the west, and Eswatini and South Afr .... In 1975, the metica was proposed as a replacement for the escudo, but it was not used. The escudo was replaced by the metical in 1980 at par. Coins Between 1935 and 1936, coins for 10, 20 and 50 centavos, 1, , 5 and 10 escudos, with the , 5 and 10 escudos in silver. In 1952, silver 20 escudos were issued. Between 1968 and 1971, base metal coins replaced th ...
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Portuguese Indian Escudo
The escudo was the currency of Portuguese India between 1958 and 1961. It was subdivided into 100 ''centavos'' and was equal in value to the Portuguese escudo. After Goa was Invasion of Goa, integrated by the Republic of India in 1961, the escudo was replaced by the Indian rupee. History The escudo replaced the Portuguese Indian rupia, rupia at the rate of 1 rupia = 6 escudos. This was due to the respective values of the Indian rupee (to which the rupia was pegged) and the Portuguese escudo, with one rupee equalling one shilling six pence (18 pence) pound sterling, sterling and one escudo equaling three pence. Coins Coins were introduced in 1958 in denominations of 10, 30 and 60 centavos, 1, 3 and 6 escudos. The 10 and 30 centavos were struck in bronze, the others in cupro-nickel. Except for the 10 centavos, which was minted in 1961, none of these coins were produced after 1959. All of them are common. Banknotes In 1959, notes were introduced by the ''Banco Nacional Ultramarin ...
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Angolan Escudo
The escudo was the currency of Angola between 1914 and 1928 and again between 1958 and 1977. It was subdivided into 100 ''centavos'' with the ''macuta'' worth 5 centavos and was equivalent to the Portuguese escudo. History The introduction of the escudo in Portugal's colonies took place in 1914, three years after it occurred in Portugal. The escudo replaced the ''Angolan real, real'' at a rate of 1000 réis = 1 escudo. In 1928, the ''Angolan angolar, angolar'' was introduced. Banknotes were exchanged at a rate of 1.25 escudos = 1 angolar, whilst centavo coins used with the escudo continued to be used with the angolar with no change in value. The angolar was pegged at parity with the Portuguese escudo, as the Angolan escudo had been before 1928. Thus, the currency reform constituted a devaluation of the escudo banknotes. In 1953, Portugal began unifying the currencies of its colonies. This process was completed in Angola at the end of 1958, with the reintroduction of the escudo. T ...
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Spanish Escudo
The escudo was either of two distinct Spanish currency denominations. Gold escudo The first escudo was a gold coin introduced in 1535/1537, with coins denominated in escudos issued until 1833. It was initially worth 16 '' reales''. When different reales were introduced, the escudo became worth 16 ''reales de plata'' in 1642, then 16 ''reales de plata fuerte'' or 40 ''reales de vellón'' from 1737. Coins Gold coins were issued in denominations of , 1, 2, 4 and 8 escudos, with the 2 escudos coin known as the doubloon. Between 1809 and 1849, coins denominated as 80, 160 and 320 reales (de vellon) were issued, equivalent, in gold content and value, to the 2, 4 and 8 escudo coins. Most were minted in Madrid, marked with a superscripted M or in Seville bearing an S below and left of the Royal Coat of Arms. The mintmaster's initials appeared on the opposite side. Silver escudo The second escudo was the currency of Spain between 1864 and 1869. It was subdivided into 100 ''céntimos d ...
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Portuguese Timorese Escudo
The escudo was the currency of Portuguese Timor between 1959 and 1976. It replaced the pataca at a rate of 5.6 escudos = 1 pataca and was equivalent to the Portuguese escudo. It was replaced by the Indonesian rupiah at an unknown exchange rate following East Timor's occupation by Indonesia. The escudo was subdivided into 100 ''centavos''. East Timor (formerly Portuguese Timor) now uses the United States dollar banknotes and has its own coins A coin is a small object, usually round and flat, used primarily as a medium of exchange or legal tender. They are standardized in weight, and produced in large quantities at a mint in order to facilitate trade. They are most often issued by ... in circulation. Coins The first coins issued, dated 1958, were in denominations of 10, 30 and 60 centavos, 1, 3 and 6 escudos. The unusual denominations (see also the banknotes, below) may have been due to the exchange rate from the previous currency. The 10 and 30 centavos were struck ...
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Portuguese Guinean Escudo
The escudo was the currency of Portuguese Guinea between 1914 and 1975. It was equal to the Portuguese escudo and replaced the real at a rate of 1000 réis = 1 escudo. The escudo was subdivided into 100 ''centavos''. Portugal Portugal, officially the Portuguese Republic, is a country on the Iberian Peninsula in Southwestern Europe. Featuring Cabo da Roca, the westernmost point in continental Europe, Portugal borders Spain to its north and east, with which it share ... issued banknotes (starting in 1914) and coins (starting in 1933) for use in Portuguese Guinea. Following independence, the peso replaced the escudo at par. Coins In 1933, coins were introduced in denominations of 5, 10, 20 and 50 centavos and 1 escudo. Coins of , 10 and 20 escudos were added in 1952, with 5 escudos coins introduced in 1973. Banknotes In 1914, notes were issued by the Banco Nacional Ultramarino in denominations of 10, 20 and 50 centavos. In 1921, larger denominations, from 1 escudo up to ...
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Chilean Escudo
The escudo was the currency of Chile Chile, officially the Republic of Chile, is a country in western South America. It is the southernmost country in the world and the closest to Antarctica, stretching along a narrow strip of land between the Andes, Andes Mountains and the Paci ... between 1960 and 1975, divided into 100 ''centésimos''. It replaced the (old) peso at a rate of 1 escudo = 1000 pesos and was itself replaced by a new peso, at a rate of 1 peso = 1000 escudos. The symbol Eº was used for the escudo. History Through Law 13,305, published on April 6, 1959, the escudo entered into circulation on January 1, 1960, replacing the old peso. Its equivalence was Eº 1 = $1000 (pesos). The escudo was subdivided into ''centésimos''. As the old banknotes had to be replaced, the Central Bank took the provisional measure of authorizing the overstamping of the existing banknotes of 10, 50, 100, 500, 1,000, 5,000, 10,000 and 50,000 pesos. They had printed in red ink, in the ...
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Portugal
Portugal, officially the Portuguese Republic, is a country on the Iberian Peninsula in Southwestern Europe. Featuring Cabo da Roca, the westernmost point in continental Europe, Portugal borders Spain to its north and east, with which it shares Portugal-Spain border, the longest uninterrupted border in the European Union; to the south and the west is the North Atlantic Ocean; and to the west and southwest lie the Macaronesia, Macaronesian archipelagos of the Azores and Madeira, which are the two Autonomous Regions of Portugal, autonomous regions of Portugal. Lisbon is the Capital city, capital and List of largest cities in Portugal, largest city, followed by Porto, which is the only other Metropolitan areas in Portugal, metropolitan area. The western Iberian Peninsula has been continuously inhabited since Prehistoric Iberia, prehistoric times, with the earliest signs of Human settlement, settlement dating to 5500 BC. Celts, Celtic and List of the Pre-Roman peoples of the Iberia ...
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