Convert Kenyan Shilling to Cape Verdean Escudo
Please provide values below to convert Kenyan Shilling [KES] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to Kenyan Shilling.
How to Convert Kenyan Shilling to Cape Verdean Escudo
1 KES = 1.37423726721688 CVE
Example: convert 15 KES to CVE:
15 KES = 15 × 1.37423726721688 CVE = 20.6135590082532 CVE
Kenyan Shilling to Cape Verdean Escudo Conversion Table
Kenyan Shilling | Cape Verdean Escudo |
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Kenyan Shilling
The Kenyan Shilling (KES) is the official currency of Kenya, used as the country's legal tender for all transactions.
History/Origin
Introduced in 1966, replacing the East African shilling, the Kenyan Shilling has undergone various denominations and reforms to stabilize and modernize Kenya's currency system.
Current Use
The KES is widely used in Kenya for everyday transactions, banking, and trade, and is also accepted in some neighboring regions for cross-border commerce.
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.