Convert Ukrainian Hryvnia to Cape Verdean Escudo
Please provide values below to convert Ukrainian Hryvnia [UAH] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to Ukrainian Hryvnia.
How to Convert Ukrainian Hryvnia to Cape Verdean Escudo
1 UAH = 0.444520931994293 CVE
Example: convert 15 UAH to CVE:
15 UAH = 15 × 0.444520931994293 CVE = 6.66781397991439 CVE
Ukrainian Hryvnia to Cape Verdean Escudo Conversion Table
| Ukrainian Hryvnia | Cape Verdean Escudo |
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Ukrainian Hryvnia
The Ukrainian Hryvnia (UAH) is the official currency of Ukraine, used for all monetary transactions within the country.
History/Origin
The Hryvnia was first introduced in Ukraine in 1918 during the brief independence period, replaced by the Soviet ruble. It was reintroduced in 1996 after Ukraine gained independence from the Soviet Union, replacing the karbovanets as the national currency.
Current Use
Today, the Hryvnia is the sole legal tender in Ukraine, widely used in everyday transactions, banking, and financial markets. It is managed by the National Bank of Ukraine and features modern banknotes and coins.
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.