What does the cryptic crossword clue "US co-ed forged old currency (6)" mean?

The definition is "old currency". The wordplay uses an anagram. anagram of USCOED ("US co-ed") [anagram: "forged"] = ESCUDO; definition: "old currency" The answer is Escudo.

US co-ed forged old currency (6)

Telegraph Prize Cryptic #3080 | 2 Down | 2020-11-01 flower

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