Cape Verdean escudo russian ruble exchange rate history (CVE RUB) December 2023

Cape Verdean escudo russian ruble history for December 2023. The highest quote for this month is 0.9262 (22/12/2023) and the lowest 0.9239 (24/12/2023). The difference between high and low is 0.25.

CVE RUB average rate for December 2023 is 0.89996, the change between 01/12/2023 and 31/12/2023 is +0.37 %.

01 December 2023	1 CVE = 0.8903 RUB
02 December 2023	1 CVE = 0.8987 RUB
03 December 2023	1 CVE = 0.8926 RUB
04 December 2023	1 CVE = 0.9006 RUB
05 December 2023	1 CVE = 0.8985 RUB
06 December 2023	1 CVE = 0.8832 RUB
07 December 2023	1 CVE = 0.9077 RUB
08 December 2023	1 CVE = 0.9050 RUB
10 December 2023	1 CVE = 0.8950 RUB
11 December 2023	1 CVE = 0.8993 RUB
12 December 2023	1 CVE = 0.8879 RUB
13 December 2023	1 CVE = 0.8838 RUB
14 December 2023	1 CVE = 0.8734 RUB
15 December 2023	1 CVE = 0.8688 RUB
16 December 2023	1 CVE = 0.8982 RUB
17 December 2023	1 CVE = 0.8962 RUB
18 December 2023	1 CVE = 0.8965 RUB
19 December 2023	1 CVE = 0.8955 RUB
20 December 2023	1 CVE = 0.9008 RUB
21 December 2023	1 CVE = 0.8961 RUB
22 December 2023	1 CVE = 0.9254 RUB
23 December 2023	1 CVE = 0.9184 RUB
24 December 2023	1 CVE = 0.9221 RUB
25 December 2023	1 CVE = 0.9198 RUB
26 December 2023	1 CVE = 0.9179 RUB
27 December 2023	1 CVE = 0.9169 RUB
28 December 2023	1 CVE = 0.9233 RUB
29 December 2023	1 CVE = 0.8871 RUB

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.

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.