Historic Cape Verdean escudo Turkish Lira

Cape Verdean escudo turkish lira history for October 2023. The highest quote for this month is 0.27457 (31/10/2023) and the lowest 0.27233 (31/10/2023). The difference between high and low is 0.82.

CVE TRY average rate for October 2023 is 0.26714, the change between 01/10/2023 and 31/10/2023 is -3.21 %.

01 October 20231 CVE = 0.2632 TRY
02 October 20231 CVE = 0.2638 TRY
03 October 20231 CVE = 0.2615 TRY
04 October 20231 CVE = 0.2614 TRY
05 October 20231 CVE = 0.2624 TRY
06 October 20231 CVE = 0.2639 TRY
07 October 20231 CVE = 0.2644 TRY
09 October 20231 CVE = 0.2665 TRY
10 October 20231 CVE = 0.2647 TRY
11 October 20231 CVE = 0.2664 TRY
12 October 20231 CVE = 0.2670 TRY
13 October 20231 CVE = 0.2665 TRY
16 October 20231 CVE = 0.2642 TRY
17 October 20231 CVE = 0.2667 TRY
18 October 20231 CVE = 0.2681 TRY
19 October 20231 CVE = 0.2682 TRY
20 October 20231 CVE = 0.2687 TRY
21 October 20231 CVE = 0.2685 TRY
22 October 20231 CVE = 0.2692 TRY
23 October 20231 CVE = 0.2698 TRY
24 October 20231 CVE = 0.2720 TRY
25 October 20231 CVE = 0.2724 TRY
26 October 20231 CVE = 0.2701 TRY
27 October 20231 CVE = 0.2703 TRY
29 October 20231 CVE = 0.2707 TRY
30 October 20231 CVE = 0.2706 TRY
31 October 20231 CVE = 0.2717 TRY

04/11/2021: Resignation of Central Bank Governor and Lira Volatility

Following the resignation of the Turkish Central Bank governor, the lira experiences significant volatility in the foreign exchange market.

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.

10/08/2018: Currency Crisis and Lira Depreciation

The Turkish lira suffers a severe depreciation due to escalating tensions with the United States and concerns over the Turkish economy.

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.

15/07/2016: Failed Coup Attempt and Lira Plunge

After a failed coup attempt, the value of the Turkish lira plunges as political instability increases.

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.

30/04/2008: Global Financial Crisis and Turkish Lira

The Turkish lira experiences a significant depreciation as a result of the global financial crisis.

01/01/2005: Decimalization of the escudo

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

01/01/2005: Introduction of New Turkish Lira (TRY)

Turkey introduces a new version of the Turkish lira, denoted as TRY, with a new currency symbol.

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.

17/11/1977: 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.

29/10/1930: Adoption of the New Turkish Lira

The Turkish government introduces the New Turkish Lira (Yeni Türk Lirası) to replace the old currency.

29/10/1923: Founding of the Republic of Turkey

The Turkish lira is officially established as the currency of the newly founded Turkish Republic.