Convert Cape Verdean Escudo to Comorian Franc
Please provide values below to convert Cape Verdean Escudo [CVE] to Comorian Franc [KMF], or Convert Comorian Franc to Cape Verdean Escudo.
How to Convert Cape Verdean Escudo to Comorian Franc
1 CVE = 0.224130575530561 KMF
Example: convert 15 CVE to KMF:
15 CVE = 15 × 0.224130575530561 KMF = 3.36195863295842 KMF
Cape Verdean Escudo to Comorian Franc Conversion Table
| Cape Verdean Escudo | Comorian Franc |
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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.
Comorian Franc
The Comorian Franc (KMF) is the official currency of the Comoros, used for all monetary transactions within the country.
History/Origin
The Comorian Franc was introduced in 1979, replacing the French franc at par, and is issued by the Central Bank of the Comoros. It is pegged to the euro at a fixed rate.
Current Use
The KMF is actively used across the Comoros for everyday transactions, banking, and trade, and is accepted throughout the country.