Convert Cape Verdean Escudo to Chilean Peso
Please provide values below to convert Cape Verdean Escudo [CVE] to Chilean Peso [CLP], or Convert Chilean Peso to Cape Verdean Escudo.
How to Convert Cape Verdean Escudo to Chilean Peso
1 CVE = 0.098479291233515 CLP
Example: convert 15 CVE to CLP:
15 CVE = 15 × 0.098479291233515 CLP = 1.47718936850273 CLP
Cape Verdean Escudo to Chilean Peso Conversion Table
| Cape Verdean Escudo | Chilean Peso |
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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.
Chilean Peso
The Chilean Peso (CLP) is the official currency of Chile, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Chilean Peso was introduced in 1975, replacing the Chilean Escudo, as part of monetary reforms to stabilize the economy and modernize the currency system.
Current Use
Today, the Chilean Peso remains the official currency of Chile, widely used in all financial transactions, banking, and commerce across the country.