Convert Cape Verdean Escudo to Afghan Afghani
Please provide values below to convert Cape Verdean Escudo [CVE] to Afghan Afghani [AFN], or Convert Afghan Afghani to Cape Verdean Escudo.
How to Convert Cape Verdean Escudo to Afghan Afghani
1 CVE = 1.36317184884797 AFN
Example: convert 15 CVE to AFN:
15 CVE = 15 × 1.36317184884797 AFN = 20.4475777327195 AFN
Cape Verdean Escudo to Afghan Afghani Conversion Table
| Cape Verdean Escudo | Afghan Afghani |
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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.
Afghan Afghani
The Afghan Afghani (AFN) is the official currency of Afghanistan, used for all monetary transactions within the country.
History/Origin
The Afghani was introduced in 1925, replacing the Afghan rupee, and has undergone several reforms and redenominations over the years, especially during periods of economic instability and conflict.
Current Use
Today, the Afghani remains the official currency of Afghanistan, widely used in everyday transactions, with coins and banknotes issued by the central bank, the Da Afghanistan Bank.