Convert Ghanaian Cedi to Cape Verdean Escudo
Please provide values below to convert Ghanaian Cedi [GHS] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to Ghanaian Cedi.
How to Convert Ghanaian Cedi to Cape Verdean Escudo
1 GHS = 0.115736420829534 CVE
Example: convert 15 GHS to CVE:
15 GHS = 15 × 0.115736420829534 CVE = 1.73604631244301 CVE
Ghanaian Cedi to Cape Verdean Escudo Conversion Table
| Ghanaian Cedi | Cape Verdean Escudo |
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Ghanaian Cedi
The Ghanaian Cedi (GHS) is the official currency of Ghana, used for all monetary transactions within the country.
History/Origin
The Cedi was introduced in 1965, replacing the Ghanaian Pound. It has undergone several redenominations, with the current decimalized form adopted in 2007 to facilitate easier transactions.
Current Use
Today, the GHS is widely used across Ghana for everyday purchases, banking, and financial transactions, and is actively traded in foreign exchange markets.
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.