Guinea-Bissau peso
peso da Guiné-Bissau (in Portuguese) | |
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ISO 4217 | |
Code | GWP |
Denominations | |
Subunit | |
1/100 | centavos |
Banknotes | 50, 100, 500, 1000, 5000, 10,000 pesos |
Coins | 50 centavos, 1, 2½, 5, 20 pesos |
Demographics | |
User(s) | Guinea-Bissau |
Issuance | |
Central bank | Banco Central da Guiné-Bissau |
The peso was the currency of Guinea-Bissau from 1975 to 1997 and was divided into 100 centavos. It replaced the escudo at par. In 1997, in an effort to stop high inflation, Guinea-Bissau adopted the CFA franc, using a conversion rate of 65 pesos to the franc.
Coins
Coins were issued in denominations of 50 centavos, 1, 2½, 5 and 20 pesos.
Banknotes
Banknotes in denominations of 50, 100, and 500 pesos dated 24-9-1975 (24 September 1975) were issued on 2 March 1976.[1] 1000 peso notes were introduced in 1978, followed by 5000 pesos notes in 1984 and 10,000 pesos notes in 1990.
Current Series | |||||
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Image | Value | Main Colour | Description | ||
Obverse | Reverse | Obverse | Reverse | ||
[1] | [2] | 50 pesos | Reddish-purple | Pansa Na Isna | Villagers |
[3] | [4] | 100 pesos | Khaki | Domingos Ramos | Central Bank building in Bissau |
[5] | [6] | 500 pesos | Blue | Francisco Mendes | Slavery |
[7] | [8] | 1000 pesos | Brown | Amílcar Cabral | "Apoteose ao Triunfo" |
[9] | [10] | 5000 pesos | Purple and brown | Amílcar Cabral | Fieldwork |
[11] | [12] | 10,000 pesos | Green | Amílcar Cabral | Fishermen |
See also
References
- ^ Linzmayer, Owen (2012). "Guinea-Bissau". The Banknote Book. San Francisco, CA: www.BanknoteNews.com.
External links
Preceded by: Portuguese Guinean escudo Reason: independence Ratio: at par |
Currency of Guinea-Bissau 1975 – 1997 |
Succeeded by: West African CFA franc Reason: joining currency union and inflation Ratio: 1 franc = 65 pesos |