Convert Gambian Dalasi to Cape Verdean Escudo
Please provide values below to convert Gambian Dalasi [GMD] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to Gambian Dalasi.
How to Convert Gambian Dalasi to Cape Verdean Escudo
1 GMD = 0.774366220260736 CVE
Example: convert 15 GMD to CVE:
15 GMD = 15 × 0.774366220260736 CVE = 11.615493303911 CVE
Gambian Dalasi to Cape Verdean Escudo Conversion Table
| Gambian Dalasi | Cape Verdean Escudo |
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Gambian Dalasi
The Gambian Dalasi (GMD) is the official currency of The Gambia, used for all monetary transactions within the country.
History/Origin
The Dalasi was introduced in 1979, replacing the Gambian Pound at a rate of 1 Dalasi = 10 Pounds, to modernize the country's currency system.
Current Use
The Gambian Dalasi is actively used as the primary currency in The Gambia, with coins and banknotes circulating for everyday transactions and trade.
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.