Convert Cape Verdean Escudo to Mauritanian Ouguiya
Please provide values below to convert Cape Verdean Escudo [CVE] to Mauritanian Ouguiya [MRU], or Convert Mauritanian Ouguiya to Cape Verdean Escudo.
How to Convert Cape Verdean Escudo to Mauritanian Ouguiya
1 CVE = 2.35196802906812 MRU
Example: convert 15 CVE to MRU:
15 CVE = 15 × 2.35196802906812 MRU = 35.2795204360218 MRU
Cape Verdean Escudo to Mauritanian Ouguiya Conversion Table
| Cape Verdean Escudo | Mauritanian Ouguiya |
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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.
Mauritanian Ouguiya
The Mauritanian Ouguiya (MRU) is the official currency of Mauritania, used for all monetary transactions within the country.
History/Origin
The Ouguiya was introduced in 1973, replacing the CFA franc at par, and has undergone various redenominations and updates since its inception to modernize the currency system.
Current Use
Today, the MRU is actively used in Mauritania for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of West African States (BCEAO).