Convert Egyptian Pound to Cape Verdean Escudo
Please provide values below to convert Egyptian Pound [EGP] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to Egyptian Pound.
How to Convert Egyptian Pound to Cape Verdean Escudo
1 EGP = 0.522127895458661 CVE
Example: convert 15 EGP to CVE:
15 EGP = 15 × 0.522127895458661 CVE = 7.83191843187991 CVE
Egyptian Pound to Cape Verdean Escudo Conversion Table
| Egyptian Pound | Cape Verdean Escudo |
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Egyptian Pound
The Egyptian Pound (EGP) is the official currency of Egypt, used for all monetary transactions within the country.
History/Origin
The Egyptian Pound was introduced in 1898, replacing the Egyptian piastre, and has undergone various reforms and decimalization over the years to modernize the currency system.
Current Use
Today, the Egyptian Pound is the primary currency in Egypt, issued and regulated by the Central Bank of Egypt, and is used in everyday transactions, banking, 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.