Algerian dinar cape verdean escudo exchange rate history (DZD CVE) December 2023

Algerian dinar cape verdean escudo history for December 2023. The highest quote for this month is 0.76776 (14/12/2023) and the lowest 0.76951 (11/12/2023). The difference between high and low is -0.23.

DZD CVE average rate for December 2023 is 0.75494, the change between 01/12/2023 and 31/12/2023 is +0.93 %.

01 December 2023	1 DZD = 0.7530 CVE
02 December 2023	1 DZD = 0.7558 CVE
03 December 2023	1 DZD = 0.7558 CVE
04 December 2023	1 DZD = 0.7534 CVE
05 December 2023	1 DZD = 0.7578 CVE
06 December 2023	1 DZD = 0.7611 CVE
07 December 2023	1 DZD = 0.7628 CVE
08 December 2023	1 DZD = 0.7606 CVE
10 December 2023	1 DZD = 0.7646 CVE
11 December 2023	1 DZD = 0.7633 CVE
12 December 2023	1 DZD = 0.7632 CVE
13 December 2023	1 DZD = 0.7615 CVE
14 December 2023	1 DZD = 0.7623 CVE
15 December 2023	1 DZD = 0.7692 CVE
16 December 2023	1 DZD = 0.7527 CVE
17 December 2023	1 DZD = 0.7527 CVE
18 December 2023	1 DZD = 0.7551 CVE
19 December 2023	1 DZD = 0.7536 CVE
20 December 2023	1 DZD = 0.7492 CVE
21 December 2023	1 DZD = 0.7503 CVE
22 December 2023	1 DZD = 0.7487 CVE
23 December 2023	1 DZD = 0.7523 CVE
24 December 2023	1 DZD = 0.7493 CVE
25 December 2023	1 DZD = 0.7476 CVE
26 December 2023	1 DZD = 0.7496 CVE
27 December 2023	1 DZD = 0.7455 CVE
28 December 2023	1 DZD = 0.7414 CVE
29 December 2023	1 DZD = 0.7460 CVE

04/05/2020: COVID-19 impact on currency

The outbreak of COVID-19 and its economic consequences led to a depreciation of the Cape Verdean escudo against major international currencies due to reduced tourism and economic activity.

20/12/2017: Devaluation of Algerian Dinar

The Algerian dinar was devalued again, as it faced economic challenges and low oil prices.

30/09/2017: New escudo banknotes issued

Cape Verde introduced a new series of banknotes for the escudo, featuring enhanced security features, updated designs, and improved durability.

31/12/2014: End of the peg to the euro

Cape Verde decided to abandon the peg to the euro, shifting to a managed float exchange rate system to allow the currency to fluctuate based on market forces.

29/06/2014: 50th Anniversary of Algerian Dinar

Algeria celebrated the 50th anniversary of the introduction of the Algerian dinar as its national currency.

01/01/2005: Decimalization of the escudo

The Cape Verdean escudo underwent a decimalization process, with the subdivision of 1 escudo into 100 centavos.

21/12/1999: Introduction of Euro-Dinar Exchange Rate

The euro-dinar exchange rate was introduced, replacing the French franc as the peg currency for the Algerian dinar.

01/01/1998: Currency pegged to the euro

The Cape Verdean escudo was pegged to the euro at a fixed exchange rate of 1 euro = 110.265 CVE, ensuring stability and facilitating trade.

17/09/1994: Introduction of New Dinar

A new series of banknotes was introduced in Algeria, with the intent of stabilizing the currency and reducing inflation.

17/11/1977: Introduction of the new escudo

A new version of the Cape Verdean escudo was introduced, replacing the previous version with a new design and updated security features.

05/07/1975: Independence of Cape Verde

The Cape Verdean escudo (CVE) was officially adopted as the currency of Cape Verde upon gaining independence from Portugal.

10/11/1973: Devaluation of Algerian Dinar

The Algerian dinar was devalued by 30%, as a result of the global oil crisis and economic challenges faced by Algeria.

07/05/1971: Algerian Dinar Pegged to French Franc

The Algerian dinar was pegged to the French franc at a rate of 1 dinar to 1.20 francs, establishing a fixed exchange rate.

01/10/1964: Introduction of Algerian Dinar

The Algerian dinar was introduced as the official currency of Algeria, replacing the French franc at a rate of 1 dinar to 100 francs.

Historic Algerian dinar Cape Verdean escudo