Historic Cape Verdean escudo Liberian dollar

Cape Verdean escudo liberian dollar history for December 2023. The highest quote for this month is 1.8887 (28/12/2023) and the lowest 1.8902 (28/12/2023). The difference between high and low is -0.08.

CVE LRD average rate for December 2023 is 1.85158, the change between 01/12/2023 and 31/12/2023 is -1.54 %.

01 December 20231 CVE = 1.851 LRD
02 December 20231 CVE = 1.845 LRD
04 December 20231 CVE = 1.847 LRD
05 December 20231 CVE = 1.837 LRD
06 December 20231 CVE = 1.832 LRD
07 December 20231 CVE = 1.831 LRD
08 December 20231 CVE = 1.833 LRD
11 December 20231 CVE = 1.826 LRD
12 December 20231 CVE = 1.827 LRD
13 December 20231 CVE = 1.832 LRD
14 December 20231 CVE = 1.829 LRD
15 December 20231 CVE = 1.818 LRD
16 December 20231 CVE = 1.857 LRD
17 December 20231 CVE = 1.857 LRD
18 December 20231 CVE = 1.852 LRD
19 December 20231 CVE = 1.853 LRD
20 December 20231 CVE = 1.865 LRD
21 December 20231 CVE = 1.863 LRD
22 December 20231 CVE = 1.866 LRD
23 December 20231 CVE = 1.865 LRD
24 December 20231 CVE = 1.873 LRD
25 December 20231 CVE = 1.871 LRD
26 December 20231 CVE = 1.870 LRD
27 December 20231 CVE = 1.876 LRD
28 December 20231 CVE = 1.889 LRD
29 December 20231 CVE = 1.880 LRD

29/06/2020: Introduction of New Banknotes

Liberia introduces new banknotes with enhanced security features to combat counterfeiting and improve confidence in the currency.

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.

01/01/2005: Decimalization of the escudo

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

14/10/2000: ECOWAS Intervention

ECOWAS forces intervene in Liberia, leading to improved stability and gradual recovery of the Liberian dollar.

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.

19/07/1997: Liberian Dollar Depreciation

The Liberian dollar experiences a significant depreciation due to economic mismanagement and the aftermath of the civil war.

26/01/1982: Liberian Civil War Begins

The Liberian civil war begins, leading to significant economic instability and devaluation of the Liberian dollar.

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.

23/03/1907: Liberian Dollar Pegged to US Dollar

The Liberian dollar is pegged to the U.S. dollar at a ratio of 2:1, maintaining a fixed exchange rate for many years.

10/07/1849: Introduction of Liberian Dollar

The Liberian dollar is introduced as the official currency of Liberia, replacing the use of foreign currencies in the country.

26/07/1847: Liberian Independence

Liberia declares independence from the American Colonization Society, establishing the first republic in Africa.
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