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The currency of Portugal

Updated: 8/22/2023
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14y ago

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The currency of Portugal is the Euro, symbol: €.

The subdivision of the Euro is called cêntimo or centavo in Portuguese.

* Portuguese currency was previously denominated as the escudo meaning shield, from 1911 to 2002. Before that, from around 1430 until 1911, it was the Portuguese Real, which was a widely circulated currency.

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10y ago
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14y ago

Since 2002 Portugal adopted the Euro (€) as legal currency. Before 2002 the Portuguese currency was denominated as "Escudo" meaning shield (from 1911 to 2002). Before that (from around 1430 until 1911) it was the Portuguese Real.

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15y ago

As of January 1, 1999, the currency of the Republic of Portugal has been the euro. For the country was one of 12 European Union countries that approved the adoption of a common currency. Before that date, it was the escudo.

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14y ago

The Euro is the current currency in Portugal.

The official Portugal Currency used to be the Escudo. That's been replaced by the Euro since 2002. The Euro currently is the official currency of 16 European Union member countries.

The Euro was introduced on January 1, 2002. Presently one euro equal $1.43 [U.S. dollars]. One U.S. dollar equals 0.70 Euros.

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12y ago

They've adopted the Euro in 2002, along with the rest of mainland Europe.

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9y ago

Portugal uses the "Euro".

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11y ago

Euro

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Related questions

What is the currency used in Portugal?

The Euro is the currency of Portugal.


What is the name of the Portugal currency?

The currency of Portugal is the Euro. This has been the currency since 2002.


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The currency in POrtugal is the Euro


What is Portugal's currency?

Portugal's currency is the Euro (€)Before the Euro, Portugal used the Escudo as their unit of currency.Escudo means shield in portuguese.


What was the old currency of Portugal?

Portugal uses the Euro, since 2002, when the Escudo was replaced.


What currency in Portugal?

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What is currency in Portugal?

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Is Euro the currency of Portugal?

Yes, Portugal currently uses the Euro.


What is the money in Portugal?

Currency is the Euro


Which countries currency was the escudo?

The escudo was the currency used in Portugal before it was replaced by the euro in 2002. It was also used in former Portuguese territories, such as Mozambique and Cape Verde.


What is Portugal's form of currency?

euro


What currency does Portugal use?

euro