Convert Guyanaese Dollar to Cape Verdean Escudo
Please provide values below to convert Guyanaese Dollar [GYD] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to Guyanaese Dollar.
How to Convert Guyanaese Dollar to Cape Verdean Escudo
1 GYD = 2.22679244198975 CVE
Example: convert 15 GYD to CVE:
15 GYD = 15 × 2.22679244198975 CVE = 33.4018866298462 CVE
Guyanaese Dollar to Cape Verdean Escudo Conversion Table
| Guyanaese Dollar | Cape Verdean Escudo |
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Guyanaese Dollar
The Guyanese Dollar (GYD) is the official currency of Guyana, used for all monetary transactions within the country.
History/Origin
The Guyanese Dollar was introduced in 1957, replacing the British West Indian dollar, and has undergone various redenominations and economic reforms since then.
Current Use
The GYD is widely used in Guyana for everyday transactions, banking, and trade, and is also accepted in some neighboring regions.
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.