Convert Afghan Afghani to Cape Verdean Escudo
Please provide values below to convert Afghan Afghani [AFN] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to Afghan Afghani.
How to Convert Afghan Afghani to Cape Verdean Escudo
1 AFN = 0.733583224187846 CVE
Example: convert 15 AFN to CVE:
15 AFN = 15 × 0.733583224187846 CVE = 11.0037483628177 CVE
Afghan Afghani to Cape Verdean Escudo Conversion Table
| Afghan Afghani | Cape Verdean Escudo |
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Afghan Afghani
The Afghan Afghani (AFN) is the official currency of Afghanistan, used for all monetary transactions within the country.
History/Origin
The Afghani was introduced in 1925, replacing the Afghan rupee, and has undergone several reforms and redenominations over the years, especially during periods of economic instability and conflict.
Current Use
Today, the Afghani remains the official currency of Afghanistan, widely used in everyday transactions, with coins and banknotes issued by the central bank, the Da Afghanistan Bank.
Cape Verdean Escudo
The Cape Verdean Escudo (CVE) is the official currency of Cape Verde, used for all monetary transactions within the country.
History/Origin
Introduced in 1914, the Escudo replaced the Cape Verdean real and has undergone various reforms, with the current version established in 1992 to stabilize the economy and modernize the currency system.
Current Use
The CVE is actively used as the legal tender in Cape Verde, with banknotes and coins circulating nationwide, and it is pegged to the Euro at a fixed rate for stability.