Convert Rwandan Franc to Cape Verdean Escudo
Please provide values below to convert Rwandan Franc [RWF] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to Rwandan Franc.
How to Convert Rwandan Franc to Cape Verdean Escudo
1 RWF = 15.3995873928184 CVE
Example: convert 15 RWF to CVE:
15 RWF = 15 × 15.3995873928184 CVE = 230.993810892276 CVE
Rwandan Franc to Cape Verdean Escudo Conversion Table
| Rwandan Franc | Cape Verdean Escudo |
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Rwandan Franc
The Rwandan Franc (RWF) is the official currency of Rwanda, used for all monetary transactions within the country.
History/Origin
The Rwandan Franc was introduced in 1964, replacing the Rwandan Congolese franc, and has undergone various redenominations and updates since then to stabilize the economy and facilitate trade.
Current Use
Today, the Rwandan Franc is widely used in Rwanda for everyday transactions, banking, and trade, with coins and banknotes issued by the National Bank of Rwanda.
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.