Convert Uzbekistan Som to Cape Verdean Escudo
Please provide values below to convert Uzbekistan Som [UZS] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to Uzbekistan Som.
How to Convert Uzbekistan Som to Cape Verdean Escudo
1 UZS = 135.192916732721 CVE
Example: convert 15 UZS to CVE:
15 UZS = 15 × 135.192916732721 CVE = 2027.89375099082 CVE
Uzbekistan Som to Cape Verdean Escudo Conversion Table
| Uzbekistan Som | Cape Verdean Escudo |
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Uzbekistan Som
The Uzbekistan Som (UZS) is the official currency of Uzbekistan, used for everyday transactions and monetary exchanges within the country.
History/Origin
Introduced in 1993 following Uzbekistan's independence from the Soviet Union, the Som replaced the Russian ruble as the national currency. It has undergone several redenominations and reforms over the years to stabilize the economy.
Current Use
The Uzbekistan Som is actively used for all forms of financial transactions in Uzbekistan, including cash payments, banking, and electronic transfers. It is managed and issued by the Central Bank of Uzbekistan.
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.