Convert Cape Verdean Escudo to Iraqi Dinar
Please provide values below to convert Cape Verdean Escudo [CVE] to Iraqi Dinar [IQD], or Convert Iraqi Dinar to Cape Verdean Escudo.
How to Convert Cape Verdean Escudo to Iraqi Dinar
1 CVE = 0.0717653673959033 IQD
Example: convert 15 CVE to IQD:
15 CVE = 15 × 0.0717653673959033 IQD = 1.07648051093855 IQD
Cape Verdean Escudo to Iraqi Dinar Conversion Table
| Cape Verdean Escudo | Iraqi Dinar |
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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.
Iraqi Dinar
The Iraqi Dinar (IQD) is the official currency of Iraq, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Iraqi Dinar was introduced in 1932, replacing the Indian Rupee, and has undergone various redenominations and reforms, especially following periods of economic instability and conflict.
Current Use
Today, the IQD is the official currency of Iraq, used in all financial transactions, with the Central Bank of Iraq managing its issuance and regulation.