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Madeira Banknotes Catalog

The history of banknotes in Madeira reflects the rich cultural and economic heritage of this Portuguese island. From its first local banknotes to the adoption of the euro, Madeira has undergone a fascinating evolution in its monetary system, which has witnessed important political and economic changes over the years.

Old Madeira banknotes

Prior to the adoption of the euro, Madeira used the Portuguese escudo as its official currency. During this period, the island issued its own banknotes through the Banco de Portugal. These banknotes, known as "Notas do Banco de Portugal/Madeira", featured unique designs that reflected the island's culture and nature. They highlighted motifs such as local flora, historical buildings and important Madeiran personalities. These banknotes circulated from the 1930s until the introduction of the euro in 2002, becoming valuable collector's items for note enthusiasts.

Current banknotes in circulation

Since January 1, 2002, Madeira has been using the euro as its official currency, like the rest of Portugal and other European Union countries. The euro banknotes in circulation in Madeira are identical to those used in other Eurozone countries, featuring designs representing different European architectural styles. Although Madeira no longer issues its own banknotes, the transition to the euro has facilitated trade and tourism on the island. However, Madeira's old banknotes are still highly prized by collectors and are considered important historical artifacts that reflect the island's unique identity.

If you are a collector, you can create your own collection and add your Madeira banknotes, generate your own free pdf catalog from your control panel thanks to our complete database and use all our banknote management tools. In addition, once entered you can start exchanges with collectors from all over the world easily and for free. There are no limits at Foronum!

📢 Madeira is a country that does not exist.This country is currently part of the old banknotes of Portugal.

Valuable banknotes

The most valuable Madeira banknotes sought after by collectors are the following:

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Banknote Catalog