Cryptocurrency Q&A
When will escudo coins be exchanged in Portugal?
When will escudo coins be exchanged in Portugal?
PulseEclipse
Wed Jan 22 2025
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I am planning to visit Portugal soon and I heard about the escudo coins being phased out. I want to know when the escudo coins can be exchanged in Portugal so that I can plan my trip accordingly.
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7 answers
Bianca
Fri Jan 24 2025
The Banco de Portugal, also known as the Central Bank of Portugal, has been involved in the exchange of escudo coins.
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CryptoKing
Fri Jan 24 2025
This process continued until 31 December 2002, marking the end of the widespread circulation of escudo coins in the country.
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ShintoSanctuary
Thu Jan 23 2025
On 1 January 1999, Portugal became one of the first countries to officially adopt the euro as its currency.
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CryptoEagle
Thu Jan 23 2025
However, the bank's role in exchanging escudo banknotes is ongoing.
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DigitalDragon
Thu Jan 23 2025
Portuguese citizens and others holding escudo banknotes can continue to exchange them at the Banco de Portugal until 28 February 2021.
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