Convert Cape Verdean Escudo to Bangladeshi Taka
Please provide values below to convert Cape Verdean Escudo [CVE] to Bangladeshi Taka [BDT], or Convert Bangladeshi Taka to Cape Verdean Escudo.
How to Convert Cape Verdean Escudo to Bangladeshi Taka
1 CVE = 0.772523655468539 BDT
Example: convert 15 CVE to BDT:
15 CVE = 15 × 0.772523655468539 BDT = 11.5878548320281 BDT
Cape Verdean Escudo to Bangladeshi Taka Conversion Table
| Cape Verdean Escudo | Bangladeshi Taka |
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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.
Bangladeshi Taka
The Bangladeshi Taka (BDT) is the official currency of Bangladesh, used for all monetary transactions within the country.
History/Origin
The Taka was introduced in 1972, replacing the Pakistani Rupee after Bangladesh gained independence. It has undergone various denominations and reforms over the years to stabilize and modernize the currency.
Current Use
The BDT is actively used in everyday transactions, banking, and international trade involving Bangladesh. It is managed by the Bangladesh Bank, the country's central bank.