Currencies with an asterisk (*) are exchange rates at the end of the month. Our currency converter calculator will convert your money based on current values from around the world. Using a credit card in Portugal. The euro traded around an over two-month high of $1.217 during the second week of May, supported by optimism about a strong economic recovery as economies continue their reopening efforts and COVID-19 vaccinations pick up pace in the European Union. The official currency of Portugal is the Euro. These are your options for spending money in Portugal. The local money used in Portugal is Euro. 5 reis 1892 bronze 5 REIS CARLOS I REI DE PORTUGAL / 1892 Coin value - $1-2 . The currency being used by Portugal is the euro. When no exchange rate is available at weekends and on bank holidays, the exchange rate for the working day prior to the date requested is given. Portuguese Escudo (PTE) To United States Dollar (USD) Currency Exchange Rates History. Portugal Money . CARLOS I REI DE PORTUGAL / 1892 Coin value - $2-3 . The escudo was subdivided into 100 centavos.The word escudo derives from the scutum shield.. Using a credit card. Use this free online historic currency converter to calculate the foreign money exchange rates between Portuguese Escudo (PTE) to United States Dollar (USD). 10 reis 1892 bronze 10 REIS CARLOS I REI DE PORTUGAL / 1892 Coin value - $1-2 . Portuguese Cent Coins go from 1c, 2c, 5c, 10c, 20c, 50c, 1, 2. The currency symbol of the Portuguese money is €. Amounts in escudos were written as escudos $ centavos with the cifrão as the decimal separator (e.g. The values shown are relative to the euro. Portugal is the cheapest country in Western Europe (18 out of 18) Cost of living in Portugal is more expensive than in 54% of countries in the World (37 out of 79) Change the currency: Other currency Emmanuel (Manuel) II (1908-1910) 200 reis 1909 silver 200 REIS EMANUEL II PORTUG ET ALGARB REX / 1909 Coin value - $10-12 . The Portuguese currency code is EUR. A travel friendly credit card will allow you to make day to day payments in Portugal without the charge for currency conversion. The values in the Exchange Rate column provide the quantity of foreign currency units that can be purchased with 1 US Dollar based on historical exchange rates. Currency: US Dollar Abbreviation/Code: USD Symbol: $ Format: Symbol to the left of the amount, no space, decimal is fractional separator, comma is thousand separator Example: $1,234.56. The Portuguese escudo was the currency of Portugal prior to the introduction of the euro on 1 January 1999 and the removal of the escudo from circulation on 28 February 2002. The Euro Notes: The Portuguese currency notes are made up of 5, 10, 20, 50, 100, 200, 500. Exchange rates for the US Dollar against foreign currencies from Europe are displayed in the table above. 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