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, Guinea Bissau adopted the CFA franc of the Central African States, using the conversion rate of 65 pesos to the franc. Motto: (Portuguese for Unity, Struggle, Progress) Anthem: Capital Bissau 1 Largest city Official language(s) Portuguese Government President Prime Minister Republic João Bernardo Vieira Aristides Gomes Independence from Portugal - Declared September 24, 1973 - Recognised September 10, 1974 Area - Total - Water (%) 36,120 km² (133rd) 13,946 sq mi 22. ... 1975 (MCMLXXV) was a common year starting on Wednesday (the link is to a full 1975 calendar). ... 1997 (MCMXCVII) was a common year starting on Wednesday of the Gregorian calendar. ... The escudo was the currency of Portuguese Guinea between 1914 and 1975. ... The countries using the CFA franc The CFA franc (in French: franc CFA, or just franc in everyday conversation if no ambiguity is possible) is a currency used in 12 formerly French-ruled African countries, as well as in Guinea-Bissau (former Portuguese colony) and in Equatorial Guinea (former Spanish...
Coins consisted of 50 centavos, 1, 2.5, 5 and 20 Peso. Banknotes consisted of 50, 100, 500, 1000, 5000 and 10,000 Peso.
HISTORY The rivers of Guinea and the islands of Cape Verde were among the first areas in Africa explored by the Portuguese in the 15th century.
In 1630, a "captaincy-general" of Portuguese Guinea was established to administer the territory.
The administrative capital was moved from Bolama to Bissau in 1941, and in 1952, by constitutional amendment, the colony of Portuguese Guinea became an overseas province of Portugal.
Guinea-Bissau formerly Portuguese Guinea is one of the smallest and poorest nation in West Africa, and one of the poorest in the world.
In August 23rd 1999, the authorities in GuineaBissau say they're launching an inquiry into the death of a former minister in the government of Joao Vieira, who was overthrown in May. The minister, Nicandro Barreto, was found dead on Sunday.
In December 5th 2001, opposition parties in GuineaBissau have challenged the government to provide evidence of an alleged coup at the weekend that was followed by a wave of arrests.