Convert Cape Verdean Escudo to Honduran Lempira
Please provide values below to convert Cape Verdean Escudo [CVE] to Honduran Lempira [HNL], or Convert Honduran Lempira to Cape Verdean Escudo.
How to Convert Cape Verdean Escudo to Honduran Lempira
1 CVE = 3.59130561042991 HNL
Example: convert 15 CVE to HNL:
15 CVE = 15 × 3.59130561042991 HNL = 53.8695841564486 HNL
Cape Verdean Escudo to Honduran Lempira Conversion Table
| Cape Verdean Escudo | Honduran Lempira |
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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.
Honduran Lempira
The Honduran Lempira (HNL) is the official currency of Honduras, used for all monetary transactions within the country.
History/Origin
The Lempira was introduced in 1931, replacing the Honduran peso, and was named after Lempira, a 16th-century indigenous leader who resisted Spanish conquest. It has undergone various reforms and decimalization since its inception.
Current Use
The Lempira is actively used as Honduras's legal tender for everyday transactions, banking, and trade. It is managed and issued by the Central Bank of Honduras.