Portuguese Republic and Ex Colonies BankNotes Page


The Portuguese "escudo", whose symbol is "$" is a coin of Portugal, on the occasion of the proclamation of the Republic, which replaced the one that was called "Réis". It was the last coin before the euro. 
The Portuguese "escudo" was replaced by the euro on 1 January 2002, the day on which the first euro banknotes and coins began to circulate. The conversion rate between escudos and euros was established on 31 December 1998.

The Portuguese colonization of Africa, in particular of the interior territories takes place essentially in the nineteenth century, after the signing of the Treaty of Berlin in 1885. Among other territories Portugal claimed, presenting for this the pink map, the region where Today Angola and Mozambique are located and the territories between them linking the Atlantic Oceans and the Indian Ocean, however, through the British Ultimatum of 1890, Portugal had to relinquish this connection.

From the mid-16th century (1558), the English, the French and the Dutch dueled with the Portuguese the best coastal zones for the slave trade. The Portuguese continued with Cape Verde, Sao Tome and Principe, Guinea-Bissau, Angola and Mozambique.