Historic Cape Verdean escudo Israeli Sheqel

Cape Verdean escudo israeli sheqel history for February 2024. The highest quote for this month is 0.036181 (21/02/2024) and the lowest 0.035984 (21/02/2024). The difference between high and low is 0.54.

CVE ILS average rate for February 2024 is 0.03565, the change between 01/02/2024 and 29/02/2024 is +1.48 %.

01 February 20241 CVE = 0.0358 ILS
02 February 20241 CVE = 0.0360 ILS
03 February 20241 CVE = 0.0358 ILS
04 February 20241 CVE = 0.0358 ILS
05 February 20241 CVE = 0.0357 ILS
06 February 20241 CVE = 0.0358 ILS
07 February 20241 CVE = 0.0355 ILS
08 February 20241 CVE = 0.0357 ILS
09 February 20241 CVE = 0.0361 ILS
12 February 20241 CVE = 0.0359 ILS
13 February 20241 CVE = 0.0358 ILS
14 February 20241 CVE = 0.0357 ILS
15 February 20241 CVE = 0.0356 ILS
16 February 20241 CVE = 0.0353 ILS
17 February 20241 CVE = 0.0351 ILS
18 February 20241 CVE = 0.0351 ILS
19 February 20241 CVE = 0.0352 ILS
20 February 20241 CVE = 0.0355 ILS
21 February 20241 CVE = 0.0360 ILS
22 February 20241 CVE = 0.0361 ILS
23 February 20241 CVE = 0.0357 ILS
24 February 20241 CVE = 0.0356 ILS
25 February 20241 CVE = 0.0357 ILS
26 February 20241 CVE = 0.0357 ILS
27 February 20241 CVE = 0.0358 ILS
28 February 20241 CVE = 0.0355 ILS
29 February 20241 CVE = 0.0353 ILS

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.

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.

29/12/2014: 1 US Dollar = 3.891 Israeli Sheqel

The Israeli Sheqel (ILS) reaches a historical low against the US Dollar in the foreign exchange market.

04/05/2008: Introduction of New Banknotes

New Israeli Sheqel (ILS) banknotes with enhanced security features were issued.

01/01/2005: Decimalization of the escudo

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

01/09/1999: Introduction of Sheqel Coins

Israeli Sheqel (ILS) coins were introduced, replacing the agora as the subunit of the currency.

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.

24/02/1985: Hyperinflation Crisis

Israel experiences hyperinflation, leading to the introduction of the new Israeli Sheqel (ILS).

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.

16/03/1960: Introduction of the New Sheqel

The old Israeli pound (ILP) was replaced by the new Israeli Sheqel (ILS) as the official currency.

24/02/1949: Introduction of the Israel Pound

The Israeli pound (ILP) was introduced as legal tender in Israel.

24/09/1948: Israeli Declaration of Independence

The Israeli pound (ILP) was introduced as the official currency of Israel.