Cape Verdean Escudo in Mauritian Rupee

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.

MUR Mauritian Rupee

Country of application:
Mauritius

Coin denominations in circulation:
1, 5, 20 cents 0.5, 1, 5, 10, 20 rupees

Denominations of banknotes in circulation:
25, 50, 100, 200, 500, 1000, 2000 rupees

History reference:
The Mauritian rupee is the national currency of the Republic of Mauritius. The territory of Mauritius covers the islands of Mauritius, Rodrigues, Agalega and the Cargados-Carajos archipelago, which a...re about 900 kilometers away to the east from the coast of the island of Madagascar. In addition, Mauritius lays claim to a number of islands and archipelagos in the Indian Ocean, which belong to Great Britain and France. Among them, it is worth noting the Chagos archipelago and Tromelin Island (condominium with France). During the colonial period of the existence of Mauritius, the Indian rupee was used as the main means of payment. In 1877, the British colonial authorities introduced the Mauritian rupee, which was divided into pence and shillings. In 1968, the Bank of Mauritius carried out a monetary reform and replaced the old banknotes with new ones. Further inflation processes led to the fact that the Bank of Mauritius was forced to issue banknotes of higher denominations.