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Portuguese Indian escudo
User(s) Portuguese India
Subunit
1/100 centavo
Coins 10, 30, 60 centavos, 1, 3, 6 escudos
Banknotes 30, 60, 100, 300, 600, 1000 escudos
Issuing authority Banco Nacional Ultramarino
This infobox shows the latest status before this currency was rendered obsolete.

The escudo was the currency of Portuguese India between 1958 and 1961. It was divisible into 100 centavos and was equal in value to the Portuguese escudo.

Contents

History

The escudo replaced the rúpia at the rate of 1 rúpia = 6 escudos. This was due to the respective values of the Indian rupee (to which the rúpia was pegged) and the Portuguese escudo, with 1 rupee = 18 British pence and 1 escudo = 3 pence. After Portuguese India was merged with the Republic of India in 1961, the escudo was replaced by the Indian rupee.

Coins

Coins were introduced in 1958 in denominations of 10, 30 and 60 centavos, 1, 3 and 6 escudos. The 10 and 30 centavos were struck in bronze, the others in cupro-nickel.

Banknotes

In 1959, notes were introduced by the Banco Nacional Ultramarino in denominations of 30, 60, 100, 300, 600 and 1000 escudos.

References

External links


Portuguese Indian escudo
User(s) Portuguese India
Subunit
1/100 centavo
Coins 10, 30, 60 centavos, 1, 3, 6 escudos
Banknotes 30, 60, 100, 300, 600, 1000 escudos
Issuing authority Banco Nacional Ultramarino
This infobox shows the latest status before this currency was rendered obsolete.

The escudo was the currency of Portuguese India between 1958 and 1961. It was divisible into 100 centavos and was equal in value to the Portuguese escudo.

Contents

History

The escudo replaced the rúpia at the rate of 1 rúpia = 6 escudos. This was due to the respective values of the Indian rupee (to which the rúpia was pegged) and the Portuguese escudo, with 1 rupee = 18 British pence and 1 escudo = 3 pence. After Portuguese India was merged with the Republic of India in 1961, the escudo was replaced by the Indian rupee.

Coins

Coins were introduced in 1958 in denominations of 10, 30 and 60 centavos, 1, 3 and 6 escudos. The 10 and 30 centavos were struck in bronze, the others in cupro-nickel.

Banknotes

In 1959, notes were introduced by the Banco Nacional Ultramarino in denominations of 30, 60, 100, 300, 600 and 1000 escudos.

References

External links








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