Convert Salvadoran Colón to Cape Verdean Escudo
Please provide values below to convert Salvadoran Colón [SVC] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to Salvadoran Colón.
How to Convert Salvadoran Colón to Cape Verdean Escudo
1 SVC = 0.0929840287612102 CVE
Example: convert 15 SVC to CVE:
15 SVC = 15 × 0.0929840287612102 CVE = 1.39476043141815 CVE
Salvadoran Colón to Cape Verdean Escudo Conversion Table
| Salvadoran Colón | Cape Verdean Escudo |
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Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.
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.