Portuguese Guinean escudo
Encyclopedia
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
issued banknotes (starting in 1914) and coins (starting in 1933) for use in Portuguese Guinea. Following independence, the peso
replaced the escudo at par.
in denominations of 10, 20 and 50 centavos. In 1921, larger denominations, from 1 escudo up to 100 escudos, were introduced. 500 escudos notes were first issued in 1945, with 1000 escudos notes introduced in 1964.
Portuguese Guinea
Portuguese Guinea was the name for what is today Guinea-Bissau from 1446 to September 10, 1974.-History:...
between 1914 and 1975. It was equal to the Portuguese escudo
Portuguese escudo
The escudo was the currency of Portugal prior to the introduction of the Euro on 1 January 1999 and its removal from circulation on 28 February 2002. The escudo was subdivided into 100 centavos....
and replaced the real at a rate of 1000 réis = 1 escudo. The escudo was subdivided into 100 centavos. Portugal
Portugal
Portugal , officially the Portuguese Republic is a country situated in southwestern Europe on the Iberian Peninsula. Portugal is the westernmost country of Europe, and is bordered by the Atlantic Ocean to the West and South and by Spain to the North and East. The Atlantic archipelagos of the...
issued banknotes (starting in 1914) and coins (starting in 1933) for use in Portuguese Guinea. Following independence, the peso
Guinea Bissau peso
The peso was the currency of Guinea-Bissau from 1975 to 1997 and was divided into 100 centavos. It replaced the escudo at par. In 1997, Guinea Bissau adopted the CFA franc of the West African States, using a conversion rate of 65 pesos to the franc....
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 2½, 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 UltramarinoBanco Nacional Ultramarino
Banco Nacional Ultramarino was a Portuguese bank with operations throughout the world, especially in Portugal's former overseas provinces. It ceased existence as an independent legal entity in Portugal following its merger with Caixa Geral de Depósitos, the government-owned savings bank, in...
in denominations of 10, 20 and 50 centavos. In 1921, larger denominations, from 1 escudo up to 100 escudos, were introduced. 500 escudos notes were first issued in 1945, with 1000 escudos notes introduced in 1964.