Convert North Korean Won to Cape Verdean Escudo
Please provide values below to convert North Korean Won [KPW] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to North Korean Won.
How to Convert North Korean Won to Cape Verdean Escudo
1 KPW = 9.57572107839643 CVE
Example: convert 15 KPW to CVE:
15 KPW = 15 × 9.57572107839643 CVE = 143.635816175946 CVE
North Korean Won to Cape Verdean Escudo Conversion Table
| North Korean Won | Cape Verdean Escudo |
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North Korean Won
The North Korean Won (KPW) is the official currency of North Korea, used for everyday transactions within the country.
History/Origin
The North Korean Won was first introduced in 1947, replacing the Korean won used during the Japanese occupation, and has undergone several redenominations and reforms since then.
Current Use
Today, the KPW is primarily used domestically in North Korea, with limited acceptance outside the country; it is subject to strict government control and currency regulations.
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.