Convert Kyrgystani Som to Cape Verdean Escudo
Please provide values below to convert Kyrgystani Som [KGS] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to Kyrgystani Som.
How to Convert Kyrgystani Som to Cape Verdean Escudo
1 KGS = 0.92881515347221 CVE
Example: convert 15 KGS to CVE:
15 KGS = 15 × 0.92881515347221 CVE = 13.9322273020831 CVE
Kyrgystani Som to Cape Verdean Escudo Conversion Table
| Kyrgystani Som | Cape Verdean Escudo |
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Kyrgystani Som
The Kyrgystani Som (KGS) is the official currency of Kyrgyzstan, used for all monetary transactions within the country.
History/Origin
The Som was introduced in 1993, replacing the Soviet ruble, as part of Kyrgyzstan's independence and economic transition to establish a national currency.
Current Use
The Kyrgystani Som is actively used in everyday transactions, banking, and financial markets within Kyrgyzstan, with ongoing efforts to stabilize and modernize its economy.
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.