Convert Sri Lankan Rupee to Cape Verdean Escudo
Please provide values below to convert Sri Lankan Rupee [LKR] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to Sri Lankan Rupee.
How to Convert Sri Lankan Rupee to Cape Verdean Escudo
1 LKR = 3.2082687415481 CVE
Example: convert 15 LKR to CVE:
15 LKR = 15 × 3.2082687415481 CVE = 48.1240311232214 CVE
Sri Lankan Rupee to Cape Verdean Escudo Conversion Table
| Sri Lankan Rupee | Cape Verdean Escudo |
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Sri Lankan Rupee
The Sri Lankan Rupee (LKR) is the official currency of Sri Lanka, used for all monetary transactions within the country.
History/Origin
The Sri Lankan Rupee was introduced in 1872 during British colonial rule, replacing the Indian Rupee. It has undergone various changes and decimalization over the years, with the current form established in 1978.
Current Use
Today, the LKR is the legal tender in Sri Lanka, used in everyday transactions, banking, and trade. It is managed by the Central Bank of Sri Lanka 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.