Convert Libyan Dinar to Cape Verdean Escudo
Please provide values below to convert Libyan Dinar [LYD] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to Libyan Dinar.
How to Convert Libyan Dinar to Cape Verdean Escudo
1 LYD = 0.0577522377928176 CVE
Example: convert 15 LYD to CVE:
15 LYD = 15 × 0.0577522377928176 CVE = 0.866283566892263 CVE
Libyan Dinar to Cape Verdean Escudo Conversion Table
| Libyan Dinar | Cape Verdean Escudo |
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Libyan Dinar
The Libyan Dinar (LYD) is the official currency of Libya, used for all monetary transactions within the country.
History/Origin
The Libyan Dinar was introduced in 1971, replacing the Libyan Pound at par, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the LYD is actively used in Libya for everyday transactions, banking, and international trade, with the Central Bank of Libya 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.