Convert Cape Verdean Escudo to Bolivian Boliviano
Please provide values below to convert Cape Verdean Escudo [CVE] to Bolivian Boliviano [BOB], or Convert Bolivian Boliviano to Cape Verdean Escudo.
How to Convert Cape Verdean Escudo to Bolivian Boliviano
1 CVE = 13.600905880991 BOB
Example: convert 15 CVE to BOB:
15 CVE = 15 × 13.600905880991 BOB = 204.013588214865 BOB
Cape Verdean Escudo to Bolivian Boliviano Conversion Table
Cape Verdean Escudo | Bolivian Boliviano |
---|
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.
Bolivian Boliviano
The Bolivian Boliviano (BOB) is the official currency of Bolivia, used for all monetary transactions within the country.
History/Origin
Introduced in 1987 to replace the Bolivian peso, the Boliviano has undergone various redenominations and reforms to stabilize Bolivia's economy and control inflation.
Current Use
The Boliviano remains the primary currency in Bolivia, widely used in everyday transactions, banking, and commerce across the country.