Tags: Currency.
The escudo (Portuguese pronunciation: [ɨʃˈkudu] shield; sign $; code: PTE) was the currency of Portugal prior to the introduction of the Euro on 1 January 1999 and its removal from circulation on 28 February 2002. The escudo was subdivided into 100 centavos.Amounts in escudos were written as escudos $ centavos with the cifrão as the decimal separator (e.g. 25$00 means $25.00 100$50 means $100.50).