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.[1] The original coin was worth 16 silver Portuguese: [[Portuguese real|reais]]. The Cape Verdean escudo is, and the Portuguese escudo was, subdivided into 100 Portuguese: [[centavo]]s. Its symbol is the Portuguese: [[Cifrão]], a letter S with two vertical bars superimposed used between the units and the subdivision (for example,).
In Spain and its colonies, the escudo refers to a gold coin worth sixteen reales de plata or forty reales de vellón.