What Currency Does Portugal Use?


Portugal is a country located in south Western Europe on the Iberian Peninsula and is bordered by the Atlantic Ocean to the west. The official Portugal Currency, which was once Escudo, has been totally replaced by Euro since 2002. Euro is the official currency of 13 European Union countries since it had been introduced and circulated in 1st January 2002.
Q&A Related to "What Currency Does Portugal Use"
The official currency of Portugal is the Euro as with other members of the
As from the 1st of January 2002, the national currency was changed over a period of two months to Euros as with other members of the European Community.
The escudo was the official currency of Portugal prior to the introduction of the euro in 1 January 1999. 100 centavos made up one escudo.
1 Additional Answer
Portugal's is one of the thirteen European countries that use the euro as their national currency. They used to use escudos before the introduction of the euro. Two hundred escudos was equivalent to one euro.
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