Convert Cape Verdean Escudo to Paraguayan Guarani
Please provide values below to convert Cape Verdean Escudo [CVE] to Paraguayan Guarani [PYG], or Convert Paraguayan Guarani to Cape Verdean Escudo.
How to Convert Cape Verdean Escudo to Paraguayan Guarani
1 CVE = 0.0121869961711357 PYG
Example: convert 15 CVE to PYG:
15 CVE = 15 × 0.0121869961711357 PYG = 0.182804942567035 PYG
Cape Verdean Escudo to Paraguayan Guarani Conversion Table
| Cape Verdean Escudo | Paraguayan Guarani |
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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.
Paraguayan Guarani
The Paraguayan Guarani (PYG) is the official currency of Paraguay, used for all monetary transactions within the country.
History/Origin
The Guarani was introduced in 1943, replacing the peso at a rate of 1 Guarani = 1 peso, and has undergone various redenominations and reforms since then to stabilize the economy.
Current Use
Today, the Guarani remains the national currency of Paraguay, widely used in everyday commerce, banking, and financial transactions across the country.