Convert Manx pound to Cape Verdean Escudo
Please provide values below to convert Manx pound [IMP] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to Manx pound.
How to Convert Manx Pound to Cape Verdean Escudo
1 IMP = 0.00787656257148542 CVE
Example: convert 15 IMP to CVE:
15 IMP = 15 × 0.00787656257148542 CVE = 0.118148438572281 CVE
Manx Pound to Cape Verdean Escudo Conversion Table
| Manx pound | Cape Verdean Escudo |
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Manx Pound
The Manx pound (IMP) is the official currency of the Isle of Man, subdivided into 100 pence, and used as the island's legal tender.
History/Origin
The Manx pound has been in use since the Isle of Man established its own currency system, historically linked to the British pound, with banknotes issued by local banks since the 19th century.
Current Use
Today, the Manx pound is pegged to the British pound at par and is used alongside British currency for everyday transactions and local commerce on the Isle of Man.
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.