Cape Verdean Escudo to Norwegian Krone

The Cape Verdean escudo (sign Esc, code CVE) is the official currency issued and spread on the territory of Cape Verde. Previously, one escudo could be subdivided into 100 centavos. Since 1994, 1 escudo has become the smallest coin of the country.

CVE was established as a national currency in 1914. Afterwards, the banknotes have been re-issued several times. The latest series was issued in 2014. The 100 escudo coin is of great interest. It is a decagon made out of a metallic alloy, embellished with representatives of local flora and fauna.

The Norwegian krone (symbol: kr, code: NOK, number 578) is the national currency of Norway, valid in the country since 1874 to have replaced the Norwegian daler. Although nominally the krone is subdivided into 100 ore, coins denominations of less than 1 crone have been discontinued, and ore has existed only electronically since 2012. The banknotes design bears traditional Scandinavian decorations depicting ships, lighthouses, sea waves, cod.

The exchange rate varies depending on oil prices and other economic factors. The average inflation index is low,e.g. in autumn 2019 it was only 1.8%. During 2017 - 2019, all old banknotes were replaced in the country. They can be exchanged in banks until 2028.