Convert Belize Dollar to Cape Verdean Escudo
Please provide values below to convert Belize Dollar [BZD] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to Belize Dollar.
How to Convert Belize Dollar to Cape Verdean Escudo
1 BZD = 0.0212793801742143 CVE
Example: convert 15 BZD to CVE:
15 BZD = 15 × 0.0212793801742143 CVE = 0.319190702613214 CVE
Belize Dollar to Cape Verdean Escudo Conversion Table
| Belize Dollar | Cape Verdean Escudo |
|---|
Belize Dollar
The Belize Dollar (BZD) is the official currency of Belize, used for all monetary transactions within the country.
History/Origin
The Belize Dollar was introduced in 1973, replacing the Belizean dollar at par with the British dollar, and has since been the country's standard currency, maintaining stability through pegging to the US dollar.
Current Use
The Belize Dollar is widely used in Belize for everyday transactions, banking, and trade, and is pegged to the US dollar at a rate of 2 BZD to 1 USD.
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.