Convert Iraqi Dinar to Cape Verdean Escudo
Please provide values below to convert Iraqi Dinar [IQD] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to Iraqi Dinar.
How to Convert Iraqi Dinar to Cape Verdean Escudo
1 IQD = 13.9342977857741 CVE
Example: convert 15 IQD to CVE:
15 IQD = 15 × 13.9342977857741 CVE = 209.014466786611 CVE
Iraqi Dinar to Cape Verdean Escudo Conversion Table
| Iraqi Dinar | Cape Verdean Escudo |
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Iraqi Dinar
The Iraqi Dinar (IQD) is the official currency of Iraq, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Iraqi Dinar was introduced in 1932, replacing the Indian Rupee, and has undergone various redenominations and reforms, especially following periods of economic instability and conflict.
Current Use
Today, the IQD is the official currency of Iraq, used in all financial transactions, with the Central Bank of Iraq managing its issuance and regulation.
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.