Convert Cape Verdean Escudo to Costa Rican Colón
Please provide values below to convert Cape Verdean Escudo [CVE] to Costa Rican Colón [CRC], or Convert Costa Rican Colón to Cape Verdean Escudo.
How to Convert Cape Verdean Escudo to Costa Rican Colón
1 CVE = 0.18636520463198 CRC
Example: convert 15 CVE to CRC:
15 CVE = 15 × 0.18636520463198 CRC = 2.7954780694797 CRC
Cape Verdean Escudo to Costa Rican Colón Conversion Table
| Cape Verdean Escudo | Costa Rican Colón |
|---|
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.
Costa Rican Colón
The Costa Rican Colón (CRC) is the official currency of Costa Rica, used for everyday transactions within the country.
History/Origin
Introduced in 1896, the Colón replaced the Costa Rican peso and was named after Christopher Columbus (Cristóbal Colón). It has undergone various devaluations and redesigns over the years to stabilize the economy.
Current Use
The CRC remains the official currency of Costa Rica, widely used in all economic activities, with banknotes and coins circulating throughout the country. It is also used in currency conversions and financial transactions domestically.