Convert Syrian Pound to Cape Verdean Escudo
Please provide values below to convert Syrian Pound [SYP] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to Syrian Pound.
How to Convert Syrian Pound to Cape Verdean Escudo
1 SYP = 137.301220266056 CVE
Example: convert 15 SYP to CVE:
15 SYP = 15 × 137.301220266056 CVE = 2059.51830399084 CVE
Syrian Pound to Cape Verdean Escudo Conversion Table
Syrian Pound | Cape Verdean Escudo |
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Syrian Pound
The Syrian Pound (SYP) is the official currency of Syria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Syrian Pound was introduced in 1947, replacing the Syrian lira, and has undergone various devaluations and reforms due to economic challenges and conflicts in Syria.
Current Use
Today, the Syrian Pound remains the official currency of Syria, though its value is heavily affected by ongoing economic instability and sanctions, with limited use in some regions and a significant presence of foreign currencies.
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.