Convert Cape Verdean Escudo to Gambian Dalasi
Please provide values below to convert Cape Verdean Escudo [CVE] to Gambian Dalasi [GMD], or Convert Gambian Dalasi to Cape Verdean Escudo.
How to Convert Cape Verdean Escudo to Gambian Dalasi
1 CVE = 1.29137864467189 GMD
Example: convert 15 CVE to GMD:
15 CVE = 15 × 1.29137864467189 GMD = 19.3706796700783 GMD
Cape Verdean Escudo to Gambian Dalasi Conversion Table
| Cape Verdean Escudo | Gambian Dalasi |
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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.
Gambian Dalasi
The Gambian Dalasi (GMD) is the official currency of The Gambia, used for all monetary transactions within the country.
History/Origin
The Dalasi was introduced in 1979, replacing the Gambian Pound at a rate of 1 Dalasi = 10 Pounds, to modernize the country's currency system.
Current Use
The Gambian Dalasi is actively used as the primary currency in The Gambia, with coins and banknotes circulating for everyday transactions and trade.