Portuguese escudo

The Portuguese escudo was the currency of Portugal prior to the introduction of the euro on 1 January 1999 and the removal of the escudo from circulation on 28 February 2002. The escudo was subdivided into 100 . The word derives from the scutum shield.
Amounts in escudos were written as with the as the decimal separator (for example: means , means ). Because of the conversion rate of 1000 = , three decimal places were initially used ( = ).