Convert Cape Verdean Escudo to Ghanaian Cedi
Please provide values below to convert Cape Verdean Escudo [CVE] to Ghanaian Cedi [GHS], or Convert Ghanaian Cedi to Cape Verdean Escudo.
How to Convert Cape Verdean Escudo to Ghanaian Cedi
1 CVE = 8.6403224916803 GHS
Example: convert 15 CVE to GHS:
15 CVE = 15 × 8.6403224916803 GHS = 129.604837375205 GHS
Cape Verdean Escudo to Ghanaian Cedi Conversion Table
| Cape Verdean Escudo | Ghanaian Cedi |
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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.
Ghanaian Cedi
The Ghanaian Cedi (GHS) is the official currency of Ghana, used for all monetary transactions within the country.
History/Origin
The Cedi was introduced in 1965, replacing the Ghanaian Pound. It has undergone several redenominations, with the current decimalized form adopted in 2007 to facilitate easier transactions.
Current Use
Today, the GHS is widely used across Ghana for everyday purchases, banking, and financial transactions, and is actively traded in foreign exchange markets.