Cape Verdean Escudo in Djiboutian Franc

CVE Cape Verdean Escudo

Country of application:
Cape Verde

Coin denominations in circulation:
1, 5, 10, 20, 50, 100 Cape Verde escudos.

Denominations of banknotes in circulation:
200, 500, 1000, 2000, 2500, 5000 Cape Verde escudos.

History reference:
The Cape Verde Escudo (Cabo Verde Escudo) has been the national currency and fiat (fiduciary) money of the Republic of Cape Verde (Republic of Djibouti) since 1977. Replaced the previous official cur...rency of the Cape Verde Islands escudo at a ratio of 1 to 1. The Bank of Cape Verde periodically issues commemorative coins in base and precious metals. Commemorative coins are legal tender and must be accepted in all settlements at par. In 2014, a new issue of banknotes with improved anti-counterfeit protection followed. The banknote of 200 escudos was the first in the history of Cape Verde, printed on a polymer basis.

DJF Djiboutian Franc

Country of application:
Djibouti

Coin denominations in circulation:
1, 2, 5, 10, 20, 50, 100, 250, 500 Djibouti franc.

Denominations of banknotes in circulation:
1000, 2000, 5000, 10,000 Djibouti franc.

History reference:
The Djibouti Franc is the national currency and fiat (fiduciary) money of the Republic of Djibouti, a state in East Africa. The Djibouti franc replaced the official currency of France, the French fra...nc, in 1977 upon independence. In 1952, the State Treasury took over the production of paper money. The change of French Somalilands name in 1967 to the French Territory of Afar and Issas was reflected on both the territorys coins and banknotes. In 1971 and 1973, the franc was revalued against the US dollar, first to 197.466 per dollar, then to 177.721 dollars, and the rate has remained the same ever since. Further changes in coin and banknote design followed independence in 1977.