Culture Arena
Portugal · Economy & Business · Hard
The Portuguese escudo was the national currency before the euro. In which year did the escudo first replace the real as Portugal's currency?
Answer: 1911 — The escudo was introduced in 1911 after the establishment of the Portuguese Republic, replacing the real at a rate of 1,000 réis = 1 escudo.
- A 1890
- B 1926
- C 1834
- D 1911 ✓
The escudo was introduced in 1911 after the establishment of the Portuguese Republic, replacing the real at a rate of 1,000 réis = 1 escudo.