The escudo 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 ...

between 1914 and 1975. It was equal to the

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 ...

and replaced the

real Real may refer to: Currencies * Brazilian real (R$) * Central American Republic real * Mexican real * Portuguese real * Spanish real * Spanish colonial real Music Albums * ''Real'' (L'Arc-en-Ciel album) (2000) * ''Real'' (Bright album) (2010) ...

at a rate of 1000 réis = 1 escudo. The escudo was subdivided into 100 ''centavos''.

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 ...

issued banknotes (starting in 1914) and coins (starting in 1933) for use in Portuguese Guinea. Following independence, the

peso The peso is the monetary unit of several countries in the Americas, and the Philippines. Originating in the Spanish Empire, the word translates to "weight". In most countries the peso uses the Dollar sign, same sign, "$", as many currencies na ...

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 , 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 Ultramarino Banco Nacional Ultramarino (, BNU; ; en, National Overseas Bank) is a Macau banking and financial services corporation. It was a Portuguese bank with operations throughout the world, especially in Portugal's former overseas provinces. It ceased e ...

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. Currencies of Africa Modern obsolete currencies 1914 establishments in Portuguese Guinea 1975 disestablishments in Guinea-Bissau Escudo {{Portugal-stub