Historic Algerian dinar Cape Verdean escudo

Algerian dinar cape verdean escudo history for February 2024. The highest quote for this month is 0.76601 (14/02/2024) and the lowest 0.7742 (15/02/2024). The difference between high and low is -1.07.

DZD CVE average rate for February 2024 is 0.76153, the change between 01/02/2024 and 29/02/2024 is -0.54 %.

01 February 20241 DZD = 0.7561 CVE
02 February 20241 DZD = 0.7564 CVE
03 February 20241 DZD = 0.7619 CVE
04 February 20241 DZD = 0.7619 CVE
05 February 20241 DZD = 0.7629 CVE
06 February 20241 DZD = 0.7633 CVE
07 February 20241 DZD = 0.7628 CVE
08 February 20241 DZD = 0.7635 CVE
09 February 20241 DZD = 0.7635 CVE
12 February 20241 DZD = 0.7642 CVE
13 February 20241 DZD = 0.7621 CVE
14 February 20241 DZD = 0.7660 CVE
15 February 20241 DZD = 0.7658 CVE
16 February 20241 DZD = 0.7633 CVE
17 February 20241 DZD = 0.7637 CVE
18 February 20241 DZD = 0.7637 CVE
19 February 20241 DZD = 0.7631 CVE
20 February 20241 DZD = 0.7627 CVE
21 February 20241 DZD = 0.7612 CVE
22 February 20241 DZD = 0.7610 CVE
23 February 20241 DZD = 0.7597 CVE
24 February 20241 DZD = 0.7586 CVE
25 February 20241 DZD = 0.7586 CVE
26 February 20241 DZD = 0.7594 CVE
27 February 20241 DZD = 0.7581 CVE
28 February 20241 DZD = 0.7578 CVE
29 February 20241 DZD = 0.7602 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.
DZD CVE August 2023
DZD CVE September 2023
DZD CVE October 2023
DZD CVE November 2023
DZD CVE December 2023
DZD CVE January 2024
DZD CVE February 2024
DZD CVE March 2024
DZD CVE April 2024
DZD CVE May 2024
DZD CVE June 2024
DZD CVE July 2024
DZD CVE August 2024