Guinea-Bissau peso

Guinea-Bissau peso
peso da Guiné-Bissau (Portuguese)
500 pesos banknote from 1990
ISO 4217
CodeGWP
Denominations
Subunit
1100centavos
Banknotes50, 100, 500, 1000, 5000, 10,000 pesos
Coins50 centavos, 1, 2+12, 5, 20 pesos
Demographics
Date of introduction1975
ReplacedPortuguese Guinean escudo
Date of withdrawal1997
User(s)Guinea-Bissau
Issuance
Central bankNational Bank of Guinea-Bissau
This infobox shows the latest status before this currency was rendered obsolete.

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.