Convert Sudanese Pound to Cape Verdean Escudo
Please provide values below to convert Sudanese Pound [SDG] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to Sudanese Pound.
How to Convert Sudanese Pound to Cape Verdean Escudo
1 SDG = 4.77720914545201 CVE
Example: convert 15 SDG to CVE:
15 SDG = 15 × 4.77720914545201 CVE = 71.6581371817802 CVE
Sudanese Pound to Cape Verdean Escudo Conversion Table
| Sudanese Pound | Cape Verdean Escudo |
|---|
Sudanese Pound
The Sudanese Pound (SDG) is the official currency of Sudan, used for everyday transactions and financial exchanges within the country.
History/Origin
The Sudanese Pound was introduced in 1956, replacing the Sudanese Piastre. It has undergone several redenominations and reforms, notably in 2007 when the currency was revalued following economic challenges and the country's separation from South Sudan.
Current Use
Today, the Sudanese Pound is the legal tender in Sudan, used in banking, commerce, and daily transactions. It exists in both banknotes and coins, with ongoing efforts to stabilize and modernize the currency system.
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.