Convert Cape Verdean Escudo to Sierra Leonean Leone
Please provide values below to convert Cape Verdean Escudo [CVE] to Sierra Leonean Leone [SLL], or Convert Sierra Leonean Leone to Cape Verdean Escudo.
How to Convert Cape Verdean Escudo to Sierra Leonean Leone
1 CVE = 0.00416111888889607 SLL
Example: convert 15 CVE to SLL:
15 CVE = 15 × 0.00416111888889607 SLL = 0.0624167833334411 SLL
Cape Verdean Escudo to Sierra Leonean Leone Conversion Table
| Cape Verdean Escudo | Sierra Leonean Leone |
|---|
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.
Sierra Leonean Leone
The Sierra Leonean Leone (SLL) is the official currency of Sierra Leone, used for everyday transactions within the country.
History/Origin
Introduced in 1964, replacing the British West African pound, the Leone has undergone several redenominations and inflation adjustments over the years to stabilize the economy.
Current Use
The Leone is actively used in Sierra Leone for all monetary transactions, with coins and banknotes issued by the Bank of Sierra Leone, and it is also used in currency exchange and financial markets.