Portuguese Escudo, Esküdo, or “Escudo Português” as it was originally called. All of these phrases describe the currency unit of Portugal before the Euro. The Portuguese Escudo was started to be used in Portugal in 1911 and remained in circulation until Portugal passed to the Euro. Detailed information about the Portuguese Escudo is in the rest of the article. You can browse here for Malaysian currency.
What is Portugal Former Currency? Information about the Portuguese Escudo
The old currency of Portugal is listed as the Portuguese Escudo. The Portuguese Escudo is used as the international currency code PTE. The Portuguese Escudo Symbol was very much confused with the American Dollar symbol when the Portuguese Escudo was in circulation. The difference between the symbols of the two currencies; The symbol of the Portuguese Escudo is the double-notched letter S, while the S in the symbol of the US dollar is a single notched letter.
Is The Portuguese Escudo Currently In Use? When was the Portuguese Escudo Out of circulation?
The Portuguese Escudo was removed from circulation when Portugal passed to the Euro in 2002. The Portuguese Escudo was removed from circulation on January 28, 2002. The Portuguese Central Bank replaces the Portuguese Escudo in humans with the euro by 2022. During the conversion of Eskudo to Euro, the following parity was used. 200 Portuguese Ecudos = 1 Euro. Therefore, we can say that 200 Eskudo is 1 Euro.
Portuguese Escudo Banknotes and Coins! What is Portugal Former Currency?
The Portuguese Escudo was used in the following banknotes when it was in circulation:
- 500 Escudo
- 1000 Escudo
- 2000 Escudo
- 5000 Escudo
- 10000 Escudo
The Portuguese Escudo was used in the following coins when it was in circulation:
- 1 Escudo
- 5 Escudo
- 10 Escudo
- 20 Escudo
- 50 Escudo
- 100 Escudo
- 200 Escudo
For detailes: https://en.wikipedia.org/wiki/Portuguese_escudo