Convert Tajikistani Somoni to Cape Verdean Escudo
Please provide values below to convert Tajikistani Somoni [TJS] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to Tajikistani Somoni.
How to Convert Tajikistani Somoni to Cape Verdean Escudo
1 TJS = 0.102843244381978 CVE
Example: convert 15 TJS to CVE:
15 TJS = 15 × 0.102843244381978 CVE = 1.54264866572966 CVE
Tajikistani Somoni to Cape Verdean Escudo Conversion Table
Tajikistani Somoni | Cape Verdean Escudo |
---|
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.
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.