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Currency history

Portuguese escudo

Portuguese escudo: a historical unit of account.

Dates in use
Introduction and ending not established
Ancestry branch
Roman solidus

Its place in the family

All ancestors and descendants ↗
Portuguese escudo: documented and qualified family connections PARENTS THIS CURRENCY CHILDREN Portuguese realPortuguese real 1911 · Documented1 escudo = 1,000 réisDocumented connection · 1911 · 1 escudo = 1,000 réis Euro — converging national replacementsEuro 1999 · DocumentedPublished PTE units per one euro. Thisterminal scale is not interchangeable withDocumented connection · 1999 · Published PTE units per one euro. This terminal scale is not interchangeable with earlier redenomination epochs. Mozambican escudoMozambican escudo 1911–1914 · DocumentedDocumented connection · 1911–1914 São Tomé escudoSão Tomé escudo 1911–1914 · DocumentedDocumented connection · 1911–1914 Portuguese escudoPortuguese escudo Currency history

The diagram shows up to three parents and three children. Every direct connection is listed below.

Parents 1

Portuguese escudo

This currency

Children 5

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The story

The surviving evidence establishes this unit of account, but a fuller narrative is still being developed. Its known connections are shown above; the research page documents what is established and what remains uncertain.

Turning points

Redenominated as

Portugal established the escudo at one thousand réis per escudo. [1]

Euro monetary substitution

1 EUR = 200.482 PTE. Portugal: euro adoption 1999-01-01; cash 2002-01-01. Regulation 974/98 substitutes the euro for each participating state’s currency on its adoption date; cash changeover is separately defined. [2] [3] [4]

Euro cash changeover

Portugal: euro adoption 1999-01-01; cash 2002-01-01. [3]

Sources and evidence

  1. Banco de Portugal · Boletim Notas e Moedas, October 2010 C1011 ↗
  2. Council of the European Union · Council Regulation (EC) 2866/98 — consolidation at 1 January 2026 C682 ↗
  3. Council of the European Union · Council Regulation (EC) 974/98 — consolidation at 1 January 2026 C683 ↗
  4. Council of the European Union · Council Regulation (EC) 974/98 — consolidation at 1 January 2026 C646 ↗

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Full claims, evidence coverage, corrections and earlier interpretations are kept separately.

Cite this page

“Portuguese escudo.” The Family Tree of Money. © Field Technologies, Inc. Reader edition 2026-10-13; research dataset v44. https://familytreeofmoney.org/currency/FTM000152.html

Editorial evidence supplement · Download dataset v44

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