Exchange rates: euros per US$1 - 0.9867 (January 2000), 0.9386 (1999); Portuguese escudos (Esc) per US$1 - 172.78 (January 1999), 180.10 (1998), 175.31 (1997), 154.24 (1996), 151.11 (1995) note: on 1 January 1999, the EU introduced a common currency that is now being used by financial institutions in some member countries at a fixed rate of 200.482 escudos per euro; the euro will replace the local currency in consenting countries for all transactions in 2002
Fiscal year: calendar year
@Portugal:Communications
Telephones - main lines in use: 3.724 million (1996)
Telephones - mobile cellular: 887,216 (1999)
Telephone system: domestic: generally adequate integrated network of coaxial cables, open wire, microwave radio relay, and domestic satellite earth stations international: 6 submarine cables; satellite earth stations - 3 Intelsat (2 Atlantic Ocean and 1 Indian Ocean), NA Eutelsat; tropospheric scatter to Azores; note - an earth station for Inmarsat (Atlantic Ocean region) is planned
Radio broadcast stations: AM 47, FM 172 (many are repeaters), shortwave 2 (1998)
Radios: 3.02 million (1997)
Television broadcast stations: 36 (plus 62 repeaters) (1997)
Televisions: 3.31 million (1997)