Convert Cape Verdean Escudo to Colombian Peso
Please provide values below to convert Cape Verdean Escudo [CVE] to Colombian Peso [COP], or Convert Colombian Peso to Cape Verdean Escudo.
How to Convert Cape Verdean Escudo to Colombian Peso
1 CVE = 0.0233137673807037 COP
Example: convert 15 CVE to COP:
15 CVE = 15 × 0.0233137673807037 COP = 0.349706510710556 COP
Cape Verdean Escudo to Colombian Peso Conversion Table
| Cape Verdean Escudo | Colombian 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.
Colombian Peso
The Colombian Peso (COP) is the official currency of Colombia, used for all monetary transactions within the country.
History/Origin
The Colombian Peso was introduced in 1810, replacing the real, and has undergone various reforms and redenominations over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the COP is widely used in Colombia for everyday transactions, banking, and international trade, with coins and banknotes issued by the Banco de la República.