Escudo in the context of Cape Verde


Escudo in the context of Cape Verde

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⭐ Core Definition: Escudo

The escudo (Portuguese: 'shield') is a unit of currency which is used in Cape Verde, and which has been used by Portugal, Spain and their colonies. The original coin was worth 16 silver reais. The Cape Verdean escudo is, and the Portuguese escudo was, subdivided into 100 centavos. Its symbol is the Cifrão, a letter S with two vertical bars superimposed used between the units and the subdivision (for example, 25Dollar sign with two vertical lines50).

In Spain and its colonies, the escudo refers to a gold coin worth sixteen reales de plata or forty reales de vellón.

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Escudo in the context of Écu

The term écu (French pronunciation: [eky]) may refer to one of several French coins. The first écu was a gold coin (the écu d'or) minted during the reign of Louis IX of France, in 1266. The value of the écu varied considerably over time, and silver coins (known as écu d'argent) were also introduced.

Écu (from Latin scutum) means shield. The coin was so called because its design included the coat of arms of France. The word is related to the Catalan escut, Italian scudo, or Portuguese and Castilian escudo. In English, the écu was often referred to as the crown, or the French crown in the eras of the English crown, British crown, and other crowns.

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