The escudo ( Portuguese: 'shield') is a unit of currency historically used in

Portugal Portugal, officially the Portuguese Republic ( pt, República Portuguesa, links=yes ), is a country whose mainland is located on the Iberian Peninsula of Southwestern Europe, and whose territory also includes the Atlantic archipelagos of ...

and its

colonies In modern parlance, a colony is a territory subject to a form of foreign rule. Though dominated by the foreign colonizers, colonies remain separate from the administration of the original country of the colonizers, the '' metropolitan state'' ...

in South America, Asia, and Africa. It was originally worth 16 silver . The

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 ...

and the former

Portuguese escudo The Portuguese escudo was the currency of Portugal from May 22nd 1911 until the introduction of the euro on January 1st 2002. The escudo was subdivided into 100 . The word derives from the scutum shield. Amounts in escudos were written as w ...

(PTE), each subdivided into 100 , are named after the historical currency. Its symbol is the , a letter S with two vertical bars superimposed used between the units and the subdivision (for example, ).

Other currencies named "escudo"

Circulating

Obsolete

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 th ...

Chilean escudo The escudo was the currency of Chile 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 ...

French écu French (french: français(e), link=no) may refer to: * Something of, from, or related to France ** French language, which originated in France, and its various dialects and accents ** French people, a nation and ethnic group identified with Franc ...

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. Initial ...

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 issued banknotes (st ...

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 Portuguese India was annexed by the Republic of India in 1961, the escudo was re ...

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 ...

São Tomé and Príncipe escudo The escudo was the currency of São Tomé and Príncipe between 1914 and 1977. It was equivalent to the Portuguese escudo and subdivided into 100 centavos. History The escudo replaced the real at a rate of 1000 réis = 1 escudo. Initially, only ...

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 differ ...

References

Denominations (currency) {{coin-stub