Convert Cape Verdean Escudo to Swazi Lilangeni
Please provide values below to convert Cape Verdean Escudo [CVE] to Swazi Lilangeni [SZL], or Convert Swazi Lilangeni to Cape Verdean Escudo.
How to Convert Cape Verdean Escudo to Swazi Lilangeni
1 CVE = 5.35033330107533 SZL
Example: convert 15 CVE to SZL:
15 CVE = 15 × 5.35033330107533 SZL = 80.25499951613 SZL
Cape Verdean Escudo to Swazi Lilangeni Conversion Table
Cape Verdean Escudo | Swazi Lilangeni |
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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.
Swazi Lilangeni
The Swazi Lilangeni (SZL) is the official currency of Eswatini, subdivided into 100 cents.
History/Origin
The Lilangeni was introduced in 1974, replacing the Swazi pound, to modernize the currency system and align with regional monetary standards.
Current Use
The SZL is actively used for all financial transactions within Eswatini and is pegged to the South African Rand at par, facilitating regional trade and stability.