(En) (Pl)

PORTUGAL (1945-2002) - Portuguese escudo [PTE]

1 escudo = 100 centavos

Portuguese escudo (literally: shield) [PTE] was created by decision from May 22nd, 1911. The currency was changed, because the old currency Portuguese Reis [PTR] meant in Portuguese Royal. The monarchy had been overthrown seven months earlier and major changes were introduced to wipe out royalty from history. The monetary exchange was plain, because 1 PTE equalled 1000 PTR, the amount which already functioned in Portuguese language as if as a separate unit of Mil Reis (thousand of Reis). Escudo was initially pegged to British pound [GBP] in ratio 4.5 PTE for 1 GBP, but had a difficult start, because republican government started crediting their reforms from foreign loans and money creation. This triggered inflation. The costs of living in 1926 were about 30 times higher than in 1914 and not just because of the World War I. Only the financial reform of Antonio Salazar in 1928 healed escudo and pegged it again to British pound in ratio 108.25 PTE for 1 GBP. This was adjusted in 1931 to 110 PTE for 1 GBP. During the World War II Portuguese government pegged escudo to American dollar [USD] in ratio 27.5 PTE for 1 USD, which changed to 28.75 PTE for 1 USD in 1949.

Please, note that at the moment we are presenting only these types of circulation coins of Portugal, which were struck after year 1944.

Portuguese coins - 10 centavos 1942-1969
Portuguese coins - 10 centavos 1969-1979
Portuguese coins - 20 centavos 1942-1969
Portuguese coins - 20 centavos 1969-1974
Portuguese coins - 50 centavos 1927-1968
Portuguese coins - 50 centavos 1969-1979
Portuguese coins - 1 escudo 1927-1968
Portuguese coins - 1 escudo 1969-1979
Portuguese coins - 1 escudo 1981-1986
Portuguese coins - 1 escudo 1982 Roller Hockey Championship
Portuguese coins - 1 escudo 1986-2001
Portuguese coins - 2.5 escudos 1932-1951
Portuguese coins - 2.5 escudos 1963-1985
Portuguese coins - 2.5 escudos 1978 [1977] Alexandre Herculano
Portuguese coins - 2.5 escudos 1982 Roller Hockey Championship
Portuguese coins - 2.5 escudos 1984 [1983]) FAO
Portuguese coins - 5 escudos 1932-1951
Portuguese coins - 5 escudos 1959 [1960] Henry The Navigator
Portuguese coins - 5 escudos 1963-1986
Portuguese coins - 5 escudos 1978 [1977] Alexandre Herculano
Portuguese coins - 5 escudos 1982 Roller Hockey Championship
Portuguese coins - 5 escudos 1984 [1983] FAO
Portuguese coins - 5 escudos 1986-2001
Portuguese coins - 10 escudos 1932-1948
Portuguese coins - 10 escudos 1954-1955
Portuguese coins - 10 escudos 1959 [1960] Henry The Navigator
Portuguese coins - 10 escudos 1971-1974
Portuguese coins - 10 escudos 1986-2001
Portuguese coins - 10 escudos 1987 Countryside
Portuguese coins - 20 escudos 1954 [1953] Financial Reform
Portuguese coins - 20 escudos 1959 [1960] Henry The Navigator
Portuguese coins - 20 escudos 1966 Bridge of Salazar
Portuguese coins - 20 escudos 1986-2001
Portuguese coins - 25 escudos 1977-1978
Portuguese coins - 25 escudos 1978 [1977] Alexandre Herculano
Portuguese coins - 25 escudos 1980-1986
Portuguese coins - 25 escudos 1980 Azores
Portuguese coins - 25 escudos 1980 [1981] Madeira
Portuguese coins - 25 escudos 1982 Roller Hockey Championship
Portuguese coins - 25 escudos 1983 [1981] Antonio Feliciano de Castilho
Portuguese coins - 25 escudos 1984 Carnation Revolution
Portuguese coins - 25 escudos 1984 [1983] FAO
Portuguese coins - 25 escudos 1984 [1979] International Year of The Child
Portuguese coins - 25 escudos 1986 European Community
Portuguese coins - 25 escudos 1986 [1985] Council in Coimbra
Portuguese coins - 50 escudos 1986-2000
Portuguese coins - 100 escudos 1989-2000 Pedro Nunes
Portuguese coins - 100 escudos 1995 50 Years of FAO
Portuguese coins - 100 escudos 1997 Expo'98 Lisbon
Portuguese coins - 100 escudos 1999 UNICEF
Portuguese coins - 200 escudos 1991-2000 Garcia de Orta
Portuguese coins - 200 escudos 1994 Lisbon - European Capital of Culture
Portuguese coins - 200 escudos 1995 50 Years of The UN
Portuguese coins - 200 escudos 1996 Games of The XXVI Olympiad Atlanta
Portuguese coins - 200 escudos 1997 Expo'98 Lisbon
Portuguese coins - 200 escudos 1998 Expo'98 Lisbon
Portuguese coins - 200 escudos 1999 UNICEF
Portuguese coins - 200 escudos 2000 Games of The XXVII Olympiad Sydney
last update: 10 VI 2014

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