Convert Brunei Dollar to Cape Verdean Escudo
Please provide values below to convert Brunei Dollar [BND] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to Brunei Dollar.
How to Convert Brunei Dollar to Cape Verdean Escudo
1 BND = 0.0136145474354623 CVE
Example: convert 15 BND to CVE:
15 BND = 15 × 0.0136145474354623 CVE = 0.204218211531934 CVE
Brunei Dollar to Cape Verdean Escudo Conversion Table
| Brunei Dollar | Cape Verdean Escudo |
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Brunei Dollar
The Brunei Dollar (BND) is the official currency of Brunei, used for all monetary transactions within the country.
History/Origin
Introduced in 1967, the Brunei Dollar replaced the Malayan dollar and has been pegged to the Singapore Dollar since 1967, maintaining a fixed exchange rate.
Current Use
The Brunei Dollar is widely used in Brunei for everyday transactions, banking, and trade, and is also accepted in some neighboring regions due to its peg to the Singapore Dollar.
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.