Convert Cape Verdean Escudo to Mauritian Rupee
Please provide values below to convert Cape Verdean Escudo [CVE] to Mauritian Rupee [MUR], or Convert Mauritian Rupee to Cape Verdean Escudo.
How to Convert Cape Verdean Escudo to Mauritian Rupee
1 CVE = 2.06779060660196 MUR
Example: convert 15 CVE to MUR:
15 CVE = 15 × 2.06779060660196 MUR = 31.0168590990293 MUR
Cape Verdean Escudo to Mauritian Rupee Conversion Table
| Cape Verdean Escudo | Mauritian Rupee |
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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.
Mauritian Rupee
The Mauritian Rupee (MUR) is the official currency of Mauritius, used for all monetary transactions within the country.
History/Origin
The Mauritian Rupee was introduced in 1876, replacing the Indian Rupee, and has undergone various reforms to modernize and stabilize the currency over the years.
Current Use
Today, the Mauritian Rupee is widely used in Mauritius for everyday transactions, banking, and trade, and is managed by the Bank of Mauritius.