Convert Cape Verdean Escudo to Tajikistani Somoni
Please provide values below to convert Cape Verdean Escudo [CVE] to Tajikistani Somoni [TJS], or Convert Tajikistani Somoni to Cape Verdean Escudo.
How to Convert Cape Verdean Escudo to Tajikistani Somoni
1 CVE = 9.72353610593834 TJS
Example: convert 15 CVE to TJS:
15 CVE = 15 × 9.72353610593834 TJS = 145.853041589075 TJS
Cape Verdean Escudo to Tajikistani Somoni Conversion Table
| Cape Verdean Escudo | Tajikistani Somoni |
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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.
Tajikistani Somoni
The Tajikistani Somoni (TJS) is the official currency of Tajikistan, used for all monetary transactions within the country.
History/Origin
The Somoni was introduced in 2000, replacing the Tajik ruble at a rate of 1 Somoni = 1000 rubles, named after the Persian Samanid ruler Ismail Samani (also known as Sultan Ahmad).
Current Use
The TJS is actively used as Tajikistan's primary currency for everyday transactions, banking, and trade, with coins and banknotes issued by the National Bank of Tajikistan.