Convert Cape Verdean Escudo to Kenyan Shilling
Please provide values below to convert Cape Verdean Escudo [CVE] to Kenyan Shilling [KES], or Convert Kenyan Shilling to Cape Verdean Escudo.
How to Convert Cape Verdean Escudo to Kenyan Shilling
1 CVE = 0.727676380094982 KES
Example: convert 15 CVE to KES:
15 CVE = 15 × 0.727676380094982 KES = 10.9151457014247 KES
Cape Verdean Escudo to Kenyan Shilling Conversion Table
Cape Verdean Escudo | Kenyan Shilling |
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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.
Kenyan Shilling
The Kenyan Shilling (KES) is the official currency of Kenya, used as the country's legal tender for all transactions.
History/Origin
Introduced in 1966, replacing the East African shilling, the Kenyan Shilling has undergone various denominations and reforms to stabilize and modernize Kenya's currency system.
Current Use
The KES is widely used in Kenya for everyday transactions, banking, and trade, and is also accepted in some neighboring regions for cross-border commerce.