Cape Verdean Escudo in Hungarian Forint

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.

HUF Hungarian Forint

Country of application:
Hungary

Coin denominations in circulation:
5, 10, 20, 50, 100, 200 forints.

Denominations of banknotes in circulation:
500, 1,000, 2,000, 5,000, 10,000, 20,000 forints.

History reference:
The state monetary unit of Hungary is the Hungarian Forint (Hungarian Forint, international code - HUF). Used since 1946, before that the pengő was used as the Hungarian currency, which could not su...rvive the largest hyperinflation in history. Previously, forints had small change coins - fillers, but now they are out of circulation. When the Hungarian National Bank first issued the new currency, banknotes denoting 10 and 100 forints entered circulation. Each forint was subdivided into 100 fillers. Until 1991, following the inflationary processes, the National Bank expanded the available set of banknotes by issuing banknotes with a higher denomination. Later, it was decided to revise the design of the currency, and since 2001, on each banknote, on the one hand, a Hungarian statesman is depicted, and on the other, an event associated with his activities. It should be noted that there are no watermarks on the forints. Protection against counterfeiters is provided, first of all, by a holographic strip.