Convert Liberian Dollar to Cape Verdean Escudo
Please provide values below to convert Liberian Dollar [LRD] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to Liberian Dollar.
How to Convert Liberian Dollar to Cape Verdean Escudo
1 LRD = 2.13308549948557 CVE
Example: convert 15 LRD to CVE:
15 LRD = 15 × 2.13308549948557 CVE = 31.9962824922836 CVE
Liberian Dollar to Cape Verdean Escudo Conversion Table
| Liberian Dollar | Cape Verdean Escudo |
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Liberian Dollar
The Liberian Dollar (LRD) is the official currency of Liberia, used for all monetary transactions within the country.
History/Origin
The Liberian Dollar was introduced in 1943, replacing the Liberian Pound, and has undergone various reforms to stabilize the economy and manage inflation.
Current Use
Today, the Liberian Dollar is widely used in Liberia for everyday transactions, with coins and banknotes issued by the Central Bank of Liberia.
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.