Convert Armenian Dram to Cape Verdean Escudo

Please provide values below to convert Armenian Dram [AMD] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to Armenian Dram.

How to Convert Armenian Dram to Cape Verdean Escudo

1 AMD = 4.08620489702376 CVE

Example: convert 15 AMD to CVE:
15 AMD = 15 × 4.08620489702376 CVE = 61.2930734553564 CVE

Armenian Dram to Cape Verdean Escudo Conversion Table

Armenian Dram	Cape Verdean Escudo

Armenian Dram

The Armenian Dram (AMD) is the official currency of Armenia, used for all monetary transactions within the country.

History/Origin

The Armenian Dram was introduced in 1993 following Armenia's independence from the Soviet Union, replacing the Soviet ruble as the national currency.

Current Use

The AMD is actively used in Armenia for everyday transactions, banking, and trade, and is managed by the Central Bank of Armenia.

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.

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