Territorial Usage
The escudo was used in the Portuguese mainland, the Azores and Madeira, with no distinction of coins or banknotes. In Portugal's African colonies, the escudo was generally used up to independence, with Portuguese and sometime local coins circulating alongside banknotes of the Banco Nacional Ultramarino, rather than those of the Bank of Portugal used on the mainland. For more details, see the escudos of Angola, Cape Verde, Mozambique, Portuguese Guinea and São Tomé and Príncipe. Only Cape Verde continues use the escudo. In Macau, the currency during the colonial period was, as it is today, the pataca. Timor-Leste adopted the escudo whilst still a Portuguese colony, having earlier used the pataca. Portuguese India adopted the escudo before it was annexed by India.
Read more about this topic: Portuguese Escudo
Famous quotes containing the words territorial and/or usage:
“All the territorial possessions of all the political establishments in the earth—including America, of course—consist of pilferings from other people’s wash.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)
“I am using it [the word ‘perceive’] here in such a way that to say of an object that it is perceived does not entail saying that it exists in any sense at all. And this is a perfectly correct and familiar usage of the word.”
—A.J. (Alfred Jules)