Convert Serbian Dinar to Cape Verdean Escudo
Please provide values below to convert Serbian Dinar [RSD] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to Serbian Dinar.
How to Convert Serbian Dinar to Cape Verdean Escudo
1 RSD = 1.06361683496883 CVE
Example: convert 15 RSD to CVE:
15 RSD = 15 × 1.06361683496883 CVE = 15.9542525245325 CVE
Serbian Dinar to Cape Verdean Escudo Conversion Table
| Serbian Dinar | Cape Verdean Escudo |
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Serbian Dinar
The Serbian Dinar (RSD) is the official currency of Serbia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Serbian Dinar has been the official currency of Serbia since 2006, following the monetary reform that replaced the Yugoslav Dinar. It has undergone several changes and revaluations throughout its history, reflecting economic shifts and reforms.
Current Use
The Serbian Dinar is actively used as Serbia's legal tender for all financial transactions, including cash payments, banking, and electronic transfers within the country.
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.