Cape Verdean escudo algerian dinar exchange rate history (CVE DZD) October 2023

Cape Verdean escudo algerian dinar history for October 2023. The highest quote for this month is 1.3201 (12/10/2023) and the lowest 1.3164 (01/10/2023). The difference between high and low is 0.28.

CVE DZD average rate for October 2023 is 1.31263, the change between 01/10/2023 and 31/10/2023 is +1 %.

01 October 2023	1 CVE = 1.316 DZD
02 October 2023	1 CVE = 1.314 DZD
03 October 2023	1 CVE = 1.308 DZD
04 October 2023	1 CVE = 1.306 DZD
05 October 2023	1 CVE = 1.308 DZD
06 October 2023	1 CVE = 1.313 DZD
07 October 2023	1 CVE = 1.318 DZD
09 October 2023	1 CVE = 1.318 DZD
10 October 2023	1 CVE = 1.309 DZD
11 October 2023	1 CVE = 1.315 DZD
12 October 2023	1 CVE = 1.317 DZD
13 October 2023	1 CVE = 1.312 DZD
16 October 2023	1 CVE = 1.310 DZD
17 October 2023	1 CVE = 1.314 DZD
18 October 2023	1 CVE = 1.315 DZD
19 October 2023	1 CVE = 1.315 DZD
20 October 2023	1 CVE = 1.314 DZD
21 October 2023	1 CVE = 1.314 DZD
22 October 2023	1 CVE = 1.314 DZD
23 October 2023	1 CVE = 1.318 DZD
24 October 2023	1 CVE = 1.325 DZD
25 October 2023	1 CVE = 1.322 DZD
26 October 2023	1 CVE = 1.310 DZD
27 October 2023	1 CVE = 1.309 DZD
29 October 2023	1 CVE = 1.301 DZD
30 October 2023	1 CVE = 1.303 DZD
31 October 2023	1 CVE = 1.303 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.

Historic Cape Verdean escudo Algerian dinar