Historic Cape Verdean escudo Algerian dinar

Cape Verdean escudo algerian dinar history for November 2023. The highest quote for this month is 1.3331 (29/11/2023) and the lowest 1.3246 (26/11/2023). The difference between high and low is 0.64.

CVE DZD average rate for November 2023 is 1.31483, the change between 01/11/2023 and 30/11/2023 is -2.85 %.

01 November 20231 CVE = 1.297 DZD
02 November 20231 CVE = 1.295 DZD
03 November 20231 CVE = 1.307 DZD
06 November 20231 CVE = 1.314 DZD
07 November 20231 CVE = 1.307 DZD
08 November 20231 CVE = 1.298 DZD
09 November 20231 CVE = 1.308 DZD
10 November 20231 CVE = 1.307 DZD
12 November 20231 CVE = 1.302 DZD
13 November 20231 CVE = 1.303 DZD
14 November 20231 CVE = 1.302 DZD
15 November 20231 CVE = 1.294 DZD
16 November 20231 CVE = 1.319 DZD
17 November 20231 CVE = 1.319 DZD
18 November 20231 CVE = 1.322 DZD
19 November 20231 CVE = 1.322 DZD
20 November 20231 CVE = 1.326 DZD
21 November 20231 CVE = 1.325 DZD
22 November 20231 CVE = 1.324 DZD
23 November 20231 CVE = 1.324 DZD
24 November 20231 CVE = 1.325 DZD
26 November 20231 CVE = 1.325 DZD
27 November 20231 CVE = 1.328 DZD
28 November 20231 CVE = 1.326 DZD
29 November 20231 CVE = 1.332 DZD
30 November 20231 CVE = 1.334 DZD

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.
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