Portuguese escudo

From Simple English Wikipedia, the free encyclopedia
Jump to navigation Jump to search
Portuguese escudo
Escudo português  (Portuguese)
1 escudo (1993) Portugal 1 escudo 2.JPG
1 escudo (1993)
ISO 4217 Code PTE
User(s) previously:
 Portugal
Inflation 2.8% (2000)
Source worldpress.org
ERM
Since 19 June 1989
Fixed rate since 31 December 1998
Replaced by €, non cash 1 January 1999
Replaced by €, cash 1 January 2002
= Template:Cifrão
Subunit
1100 centavo
Symbol Cifrão symbol.svg (Template:Cifrão; substituted with ⟨$⟩ when ⟨Template:Cifrão⟩ not available)
Plural escudos
centavo centavos
Coins
Freq. used Template:Cifrão, Template:Cifrão, Template:Cifrão, Template:Cifrão, Template:Cifrão, Template:Cifrão, Template:Cifrão (2001)
Banknotes
Freq. used Template:Cifrão, Template:Cifrão, Template:Cifrão, Template:Cifrão, Template:Cifrão (2001)
Central bank Banco de Portugal
Website [http://www.bportugal.pt www.bportugal.pt]
Mint Imprensa Nacional-Casa da Moeda
Website [http://www.incm.pt www.incm.pt]
This infobox shows the latest status before this currency was rendered obsolete.

The Portuguese escudo was the currency of Portugal prior to the introduction of the euro on 1 January 1999 and the removal of the escudo from circulation on 28 February 2002. The escudo was subdivided into 100 centavos. The word escudo derives from the scutum shield.

Amounts in escudos were written as escudos Template:Cifrão centavos with the cifrão as the decimal separator (for example: Template:Cifrão means Template:Cifrão, Template:Cifrão means Template:Cifrão). Because of the conversion rate of 1000 réis = Template:Cifrão, three decimal places were initially used (Template:Cifrão = Template:Cifrão).