Convert Cape Verdean Escudo to Sri Lankan Rupee
Please provide values below to convert Cape Verdean Escudo [CVE] to Sri Lankan Rupee [LKR], or Convert Sri Lankan Rupee to Cape Verdean Escudo.
How to Convert Cape Verdean Escudo to Sri Lankan Rupee
1 CVE = 0.311694586880981 LKR
Example: convert 15 CVE to LKR:
15 CVE = 15 × 0.311694586880981 LKR = 4.67541880321472 LKR
Cape Verdean Escudo to Sri Lankan Rupee Conversion Table
| Cape Verdean Escudo | Sri Lankan Rupee |
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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.
Sri Lankan Rupee
The Sri Lankan Rupee (LKR) is the official currency of Sri Lanka, used for all monetary transactions within the country.
History/Origin
The Sri Lankan Rupee was introduced in 1872 during British colonial rule, replacing the Indian Rupee. It has undergone various changes and decimalization over the years, with the current form established in 1978.
Current Use
Today, the LKR is the legal tender in Sri Lanka, used in everyday transactions, banking, and trade. It is managed by the Central Bank of Sri Lanka and is actively traded in foreign exchange markets.