Portuguese escudo

Spain's central bank also suspended trade in the Portuguese escudo.

The exchange rate of the Portuguese escudo fell and it lost much of its credibility.

Thereafter, it remained fairly stable against the Portuguese escudo.

It was equivalent to the Portuguese escudo and subdivided into 100 centavos.

On occasion the Portuguese escudo traded outside a range close to its central rates vis-à-vis various partner currencies.

After the one-year punishment with half-pay, he received a monthly payment of 1,593 Portuguese escudos per month.

By August, the value of the Portuguese escudo was plummeting against the franc and the krona.

The Spanish peseta and the Portuguese escudo (which were devalued in the first half of 1993) stayed above their former limits.

The Portuguese escudo has been participating in the ERM for considerably longer than two years.

Buried under the earthen floor of his hut was nearly a thousand silver Portuguese escudos and half again as many golden Deutschmarks.

His contract was very special: He received 15,000 Portuguese escudo per month on the condition that he recorded an album per year.

Portuguese escudo:

The vertical line indicates the realignments of the Spanish peseta and Portuguese escudo on 5 March 1995.

CNRT supports the use of the Portuguese escudo as the currency during the transition period.

Continued pressure on two of the system's weakest currencies - the Spanish peseta and the Portuguese escudo - has added to the potential for upheaval.

The Spanish peseta, Belgian franc and Portuguese escudo also regained some ground against the mark.

Until independence in 1975, the Cape Verde escudo was equal to the Portuguese escudo.

In January and December 1994 the peseta weakened, likewise the Portuguese escudo in June.

The word goes back to the Latin "scutum" (shield); the Portuguese escudo is the only currency now in use in the world that perpetuates it.

A succession of pegs to the Portuguese escudo followed, before the Hong Kong dollar was readopted as the peg.

Deviations from ERM bilateral central rates Table 9 Portuguese escudo:

The founders of Claridade had considered creating a newspaper, but found the required deposit of 50 thousand Portuguese escudos excessive, and settled for a magazine.

Last week's devaluation of the Portuguese escudo and the Spanish peseta means that tourists will undoubtedly be heading for blistering climes.

On one occasion Maurice de Rothschild sent him 30,000 Portuguese Escudos, a considerable amount of money for Portugal at that time.

The earliest coins to become non-convertible were the Portuguese escudos, which ceased to have monetary value after 31 December 2002, although banknotes remain exchangeable until 2022.