Convert Cape Verdean Escudo to Macanese Pataca
Please provide values below to convert Cape Verdean Escudo [CVE] to Macanese Pataca [MOP], or Convert Macanese Pataca to Cape Verdean Escudo.
How to Convert Cape Verdean Escudo to Macanese Pataca
1 CVE = 11.6240847927179 MOP
Example: convert 15 CVE to MOP:
15 CVE = 15 × 11.6240847927179 MOP = 174.361271890769 MOP
Cape Verdean Escudo to Macanese Pataca Conversion Table
| Cape Verdean Escudo | Macanese Pataca |
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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.
Macanese Pataca
The Macanese Pataca (MOP) is the official currency of Macau, used for everyday transactions and financial dealings within the region.
History/Origin
Introduced in 1999, the Pataca replaced the Macau pataca, and has since been pegged to the Hong Kong dollar at a fixed rate, reflecting Macau's economic ties with Hong Kong and China.
Current Use
The Pataca remains the primary currency in Macau, widely used for commerce, banking, and tourism-related transactions.