20 Escudos POR Banknote (Mid-20th Century Escudo Notes) 1978

20 Escudos Reis / Escudo (Issued 1978)

The 20 Escudos banknote issued by Banco de Portugal in 1978 represents a period of significant transition in Portuguese history, coinciding with the nation’s movement towards democratic reform following decades of authoritarian rule. The denomination choice reflected the everyday currency needs of Portuguese citizens during an era of economic modernisation and social change. This banknote served as a practical medium of exchange throughout Portugal during the final years before the country’s full integration into European economic structures. The design elements speak to Portuguese achievements in both aviation and maritime exploration, subjects that held cultural resonance for the population during this transformative decade.

On the front, a distinguished male portrait dominates the right side of the composition, rendered in refined engraving technique with subtle cross-hatching that creates depth and dimension across the facial features. The portrait is accompanied by decorative guilloché patterns in pale mauve and green, including intricate geometric designs that form protective security elements across the note’s surface. The denomination “20” appears in large numerals on both the left and right margins, with the text “VINTE ESCUDOS OURO” printed centrally beneath the portrait. A compass rose motif in green appears to the right of the portrait, symbolising navigation and exploration. The issuing bank name “Banco de Portugal” is prominently displayed at the top in an elaborate serif typeface. The serial number “AC 75855” appears in green on the left and repeated on the right side of the note. The date “LISBOA, 13 DE SETEMBRO DE 1978” is clearly visible, marking the official issue date. Signature lines and a denomination circle marked “Ch.9” are integrated into the design, with ornamental flourishes completing the formal aesthetic.

The reverse presents a detailed engraving of a vintage biplane aircraft, depicted in graceful profile against a layered background of geometric and architectural elements rendered in soft green tones. The aircraft illustration showcases the machine’s structural details, including the distinctive wing configuration and fuselage proportions characteristic of early twentieth-century aviation design. Architectural elements behind the aircraft suggest industrial progress and engineering achievement, with what appears to be technical drafting patterns and building structures visible in the background. The denomination “20” appears in large numerals on both the lower left and lower right corners, encased in decorative oval cartouches with fine linework. The text “Banco de Portugal” curves across the upper portion. A Latin inscription runs along the bottom of the note, reading “IMPULSIONA CONSTRUIU INCLUA A NAVEGACAO AEREA ASTROMONICA”, celebrating Portugal’s contributions to aeronautical advancement. The overall colour palette transitions between pale green and cream white, with darker green used for the aircraft and architectural details, creating a sophisticated visual hierarchy that emphasises the historical significance of Portuguese aviation.

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• Indicate the quantity of 20 Escudos Reis / Escudo banknotes you want to exchange
• Click the ‘Add to your account’ button
• Your online account now shows the exchange value

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