The Angolan escudo was the currency of the former Portuguese colony of Angola from 1914 to 1928 and again from 1958 until 1977. He was subdivided into 100 centavos or 20 Macuta. The Angolan escudo was worth equal to the Portuguese escudo.
The Escudo was in Portugal's colonies in general in 1914, three years after the introduction in Portugal, cash. The escudo replaced the Angolan Real ( rice ) in a ratio of 1000 Réis = 1 escudo. As of 1928 Angolar was introduced, the Angolan escudo banknotes 1.25 escudos = 1 Angolar could be exchanged only in proportion, while the old Centavomünzen at the same exchange value remained unchanged in circulation (1 to 1 for the Portuguese escudo ). Since the Angolar - as well as before 1928 and the Angolan Escudo - worth was equal to the Portuguese escudo, this meant in practice a devaluation of the Angolan escudo banknotes.
In 1953, Portugal started to unify the currencies of its colonies, which led to the reintroduction of the Escudo in Angola in 1958. The Escudo was Angola's currency until 1977, two years after the country's independence, the Kwanza has been introduced.
1921 were 1 -, 2 - and 5- centavo pieces in bronze as well as 10 - and 20 - centavo coins issued from a copper -nickel alloy, a year later 50 - centavo coins made of nickel. 1927, 1, 2 and 4 Macuta and 50 centavos copper - nickel added. These coins remained in circulation after the introduction of Angolar, 1948 supplemented by bronze 10 - and 20 - centavo coins.
1952, the first Escodomünzen were introduced, although the escudo the Angolar until the end of 1958 not yet officially replaced. 10 and 20 escudos silver came in 1952 added, followed by 50 centavos and 1 escudo bronze and 2 ½ escudos of copper-nickel in 1953. 1969 copper-nickel replaced silver in the 10 - escudo coins, 1971 in the 20 escudos. 1972 5 escudos from copper - nickel were introduced.
. 1914 issued the Banco Nacional Ultra Marino banknotes in denominations of 10, 50 and 50 centavos, followed by 5 - centavo notes 1918 and 50 Escudo notes 1920 1921 was followed by 1 -, 2 ½ -, 5 -, 10 -, 20 - and 100 escudo notes.
1958 were issued on 1956 dated notes of the Banco de Angola with the values 20, 50, 100, 500 and 1000 escudos, which remained valid until the introduction of Kwanza
- Chester L. Krause, Clifford Mishler Standard Catalog of World Coins: 1801-199. 18th edition. Krause Publications, 1991, ISBN 0-87341-150-1.
- Albert Pick: Standard Catalog of World Paper Money: General Issues. Colin R. Bruce II and Neil Shafer (ed.). 7th edition. Krause Publications, 1994, ISBN 0-87341-207-9.
- Historical Currency Unit ( Africa)
- Economy (Angola)