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escudo

   Also found in: Dictionary/thesaurus, Financial, Acronyms, Wikipedia 0.01 sec.
escudo
1. the standard monetary unit of Cape Verde, divided into 100 centavos
2. the former standard monetary unit of Portugal, divided into 100 centavos; replaced by the euro in 2002
3. a former monetary unit of Chile, divided into 100 centesimos
4. an old Spanish silver coin worth 10 reals


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The shopkeeper generously had thought to educate consumers by quoting the Portuguese escudo and European Union's euro, in preparation of the euro's introduction as the currency on January 1, 2002.
The escudo (marked by $ or CV Esc) can only be obtained on the islands.
Differences between individual member states were also apparent on this issue, with 62 per cent of Portuguese respondents believing they would have fared better with their old currency, the escudo.
 
 
 
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