Convert Pakistani Rupee to Cape Verdean Escudo
Please provide values below to convert Pakistani Rupee [PKR] to Cape Verdean Escudo [CVE], or Convert Cape Verdean Escudo to Pakistani Rupee.
How to Convert Pakistani Rupee to Cape Verdean Escudo
1 PKR = 3.03057527740332 CVE
Example: convert 15 PKR to CVE:
15 PKR = 15 × 3.03057527740332 CVE = 45.4586291610498 CVE
Pakistani Rupee to Cape Verdean Escudo Conversion Table
Pakistani Rupee | Cape Verdean Escudo |
---|
Pakistani Rupee
The Pakistani Rupee (PKR) is the official currency of Pakistan, used for all monetary transactions within the country.
History/Origin
The Pakistani Rupee was introduced in 1947, replacing the Indian Rupee at independence, and has undergone various reforms and devaluations over the years to stabilize the economy.
Current Use
Today, the PKR is widely used across Pakistan for everyday transactions, banking, and trade, with the central bank managing its issuance and regulation.
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.