Convert Azerbaijani Manat to Cape Verdean Escudo
Please provide values below to convert Azerbaijani Manat [AZN] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to Azerbaijani Manat.
How to Convert Azerbaijani Manat to Cape Verdean Escudo
1 AZN = 0.0180927929931257 CVE
Example: convert 15 AZN to CVE:
15 AZN = 15 × 0.0180927929931257 CVE = 0.271391894896885 CVE
Azerbaijani Manat to Cape Verdean Escudo Conversion Table
| Azerbaijani Manat | Cape Verdean Escudo |
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Azerbaijani Manat
The Azerbaijani Manat (AZN) is the official currency of Azerbaijan, used for all monetary transactions within the country.
History/Origin
The Azerbaijani Manat was introduced in 1992, replacing the Soviet ruble, and has undergone several redenominations, with the current version introduced in 2006 to stabilize the economy and control inflation.
Current Use
Today, the AZN is widely used in Azerbaijan for everyday transactions, banking, and trade, and is considered a stable currency within the region.
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.