Convert Netherlands Antillean Guilder to Cape Verdean Escudo
Please provide values below to convert Netherlands Antillean Guilder [ANG] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to Netherlands Antillean Guilder.
How to Convert Netherlands Antillean Guilder to Cape Verdean Escudo
1 ANG = 0.0190450452559218 CVE
Example: convert 15 ANG to CVE:
15 ANG = 15 × 0.0190450452559218 CVE = 0.285675678838827 CVE
Netherlands Antillean Guilder to Cape Verdean Escudo Conversion Table
| Netherlands Antillean Guilder | Cape Verdean Escudo |
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Netherlands Antillean Guilder
The Netherlands Antillean Guilder (ANG) is the official currency of the former Netherlands Antilles, used primarily in Curaçao, Sint Maarten, and Bonaire, Saba, and Sint Eustatius as special municipalities of the Netherlands.
History/Origin
The Guilder was introduced in the Netherlands Antilles in 1940, replacing the Dutch Guilder. It was pegged to the US dollar at a fixed rate until the dissolution of the Netherlands Antilles in 2010, after which Curaçao and Sint Maarten continued to use the Guilder until transitioning to the Caribbean guilder and other currencies.
Current Use
Today, the Netherlands Antillean Guilder (ANG) is still used in Curaçao and Sint Maarten as their official currency, although some regions have transitioned to other currencies or are in the process of doing so. It remains a recognized currency within the Caribbean region.
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.