Convert Cape Verdean Escudo to Egyptian Pound
Please provide values below to convert Cape Verdean Escudo [CVE] to Egyptian Pound [EGP], or Convert Egyptian Pound to Cape Verdean Escudo.
How to Convert Cape Verdean Escudo to Egyptian Pound
1 CVE = 1.91523955854064 EGP
Example: convert 15 CVE to EGP:
15 CVE = 15 × 1.91523955854064 EGP = 28.7285933781096 EGP
Cape Verdean Escudo to Egyptian Pound Conversion Table
| Cape Verdean Escudo | Egyptian Pound |
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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.
Egyptian Pound
The Egyptian Pound (EGP) is the official currency of Egypt, used for all monetary transactions within the country.
History/Origin
The Egyptian Pound was introduced in 1898, replacing the Egyptian piastre, and has undergone various reforms and decimalization over the years to modernize the currency system.
Current Use
Today, the Egyptian Pound is the primary currency in Egypt, issued and regulated by the Central Bank of Egypt, and is used in everyday transactions, banking, and trade.