Convert Icelandic Króna to Cape Verdean Escudo
Please provide values below to convert Icelandic Króna [ISK] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to Icelandic Króna.
How to Convert Icelandic Króna to Cape Verdean Escudo
1 ISK = 1.29497264003694 CVE
Example: convert 15 ISK to CVE:
15 ISK = 15 × 1.29497264003694 CVE = 19.4245896005541 CVE
Icelandic Króna to Cape Verdean Escudo Conversion Table
| Icelandic Króna | Cape Verdean Escudo |
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Icelandic Króna
The Icelandic Króna (ISK) is the official currency of Iceland, used as the country's primary medium of exchange.
History/Origin
The Króna was introduced in 1981, replacing the Icelandic Krona at par, and has undergone various redenominations and reforms since its inception.
Current Use
The ISK is actively used in Iceland for all financial transactions, including cash, banking, and electronic payments, and is managed by the Central Bank of Iceland.
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.