The real (plural réis) was the currency of

Portuguese Guinea Portuguese Guinea ( pt, Guiné), called the Overseas Province of Guinea from 1951 until 1972 and then State of Guinea from 1972 until 1974, was a West African colony of Portugal from 1588 until 10 September 1974, when it gained independence as Gu ...

until 1914. It was equal to the

Portuguese real The ''real'' (, meaning "royal", plural: ''réis'' or rchaic''reais'') was the unit of currency of Portugal and the Portuguese Empire from around 1430 until 1911. It replaced the '' dinheiro'' at the rate of 1 real = 840 dinheiros and was itself ...

. Paper money specifically for Portuguese Guinea was first issued in 1909, supplementing Portuguese currency. Denominations were between 1000 réis (1 mil réis) and 50 mil réis. The real was replaced by the

escudo The escudo ( Portuguese: 'shield') is a unit of currency historically used in Portugal and its colonies in South America, Asia, and Africa. It was originally worth 16 silver . The Cape Verdean escudo and the former Portuguese escudo (PTE), eac ...

at a rate of 1 escudo = 1000 réis.

References

* * Currencies of Africa Economic history of Portugal Modern obsolete currencies 1914 disestablishments in Portuguese Guinea Currencies of Portugal Economy of Guinea-Bissau 1909 establishments in Portuguese Guinea {{Portugal-stub