Convert Cape Verdean Escudo to Libyan Dinar
Please provide values below to convert Cape Verdean Escudo [CVE] to Libyan Dinar [LYD], or Convert Libyan Dinar to Cape Verdean Escudo.
How to Convert Cape Verdean Escudo to Libyan Dinar
1 CVE = 17.3153463522476 LYD
Example: convert 15 CVE to LYD:
15 CVE = 15 × 17.3153463522476 LYD = 259.730195283714 LYD
Cape Verdean Escudo to Libyan Dinar Conversion Table
| Cape Verdean Escudo | Libyan Dinar |
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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.
Libyan Dinar
The Libyan Dinar (LYD) is the official currency of Libya, used for all monetary transactions within the country.
History/Origin
The Libyan Dinar was introduced in 1971, replacing the Libyan Pound at par, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the LYD is actively used in Libya for everyday transactions, banking, and international trade, with the Central Bank of Libya managing its issuance and regulation.