Convert Hungarian Forint to Cape Verdean Escudo
Please provide values below to convert Hungarian Forint [HUF] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to Hungarian Forint.
How to Convert Hungarian Forint to Cape Verdean Escudo
1 HUF = 3.619640655107 CVE
Example: convert 15 HUF to CVE:
15 HUF = 15 × 3.619640655107 CVE = 54.294609826605 CVE
Hungarian Forint to Cape Verdean Escudo Conversion Table
| Hungarian Forint | Cape Verdean Escudo |
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Hungarian Forint
The Hungarian Forint (HUF) is the official currency of Hungary, used for all monetary transactions within the country.
History/Origin
The Forint was introduced in 1946, replacing the pengő after hyperinflation. It has undergone several reforms and decimalization since its inception.
Current Use
The Forint remains Hungary's legal tender, with banknotes and coins in circulation. It is managed by the Hungarian National Bank and used for everyday transactions and financial activities.
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.