Convert Myanma Kyat to Cape Verdean Escudo
Please provide values below to convert Myanma Kyat [MMK] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to Myanma Kyat.
How to Convert Myanma Kyat to Cape Verdean Escudo
1 MMK = 22.3629336604683 CVE
Example: convert 15 MMK to CVE:
15 MMK = 15 × 22.3629336604683 CVE = 335.444004907025 CVE
Myanma Kyat to Cape Verdean Escudo Conversion Table
| Myanma Kyat | Cape Verdean Escudo |
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Myanma Kyat
The Myanma Kyat (MMK) is the official currency of Myanmar, used for all monetary transactions within the country.
History/Origin
The Kyat was introduced in 1952, replacing the Indian Rupee, and has undergone several reforms and redenominations over the years to stabilize Myanmar's economy.
Current Use
Today, the Kyat is the primary currency in Myanmar, used in everyday transactions, banking, and financial markets, with banknotes and coins issued by the Central Bank of Myanmar.
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.