Convert Bangladeshi Taka to Cape Verdean Escudo
Please provide values below to convert Bangladeshi Taka [BDT] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to Bangladeshi Taka.
How to Convert Bangladeshi Taka to Cape Verdean Escudo
1 BDT = 1.29445874300573 CVE
Example: convert 15 BDT to CVE:
15 BDT = 15 × 1.29445874300573 CVE = 19.416881145086 CVE
Bangladeshi Taka to Cape Verdean Escudo Conversion Table
Bangladeshi Taka | Cape Verdean Escudo |
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Bangladeshi Taka
The Bangladeshi Taka (BDT) is the official currency of Bangladesh, used for all monetary transactions within the country.
History/Origin
The Taka was introduced in 1972, replacing the Pakistani Rupee after Bangladesh gained independence. It has undergone various denominations and reforms over the years to stabilize and modernize the currency.
Current Use
The BDT is actively used in everyday transactions, banking, and international trade involving Bangladesh. It is managed by the Bangladesh Bank, the country's central bank.
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.