2.50 Escudos

Portugal's colonial coinage for Mozambique in the 1930s was struck at the Lisbon mint under the Estado Novo regime, which had consolidated power under Salazar just years earlier. The 1935 issue came at a moment when Mozambique's economy was heavily tied to migrant labor contracts with South African gold mines — the escudo circulating alongside wages that were partly paid in foreign currency and remitted through colonial banking structures that Lisbon controlled tightly.

KM#61 is a one-year type at this denomination.