Cape Verdean escudo somali shilling history for October 2023. The highest quote for this month is 5.4793 (12/10/2023) and the lowest 5.5041 (24/10/2023). The difference between high and low is -0.45.
CVE SOS average rate for October 2023 is 5.44203, the change between 01/10/2023 and 31/10/2023 is -0.49 %.
| 02 October 2023 | 1 CVE = 5.43 SOS |
| 03 October 2023 | 1 CVE = 5.39 SOS |
| 04 October 2023 | 1 CVE = 5.38 SOS |
| 05 October 2023 | 1 CVE = 5.39 SOS |
| 06 October 2023 | 1 CVE = 5.41 SOS |
| 09 October 2023 | 1 CVE = 5.44 SOS |
| 10 October 2023 | 1 CVE = 5.41 SOS |
| 11 October 2023 | 1 CVE = 5.44 SOS |
| 12 October 2023 | 1 CVE = 5.51 SOS |
| 13 October 2023 | 1 CVE = 5.47 SOS |
| 16 October 2023 | 1 CVE = 5.42 SOS |
| 17 October 2023 | 1 CVE = 5.44 SOS |
| 18 October 2023 | 1 CVE = 5.45 SOS |
| 19 October 2023 | 1 CVE = 5.44 SOS |
| 20 October 2023 | 1 CVE = 5.45 SOS |
| 23 October 2023 | 1 CVE = 5.46 SOS |
| 24 October 2023 | 1 CVE = 5.50 SOS |
| 25 October 2023 | 1 CVE = 5.50 SOS |
| 26 October 2023 | 1 CVE = 5.45 SOS |
| 27 October 2023 | 1 CVE = 5.45 SOS |
| 30 October 2023 | 1 CVE = 5.45 SOS |
| 31 October 2023 | 1 CVE = 5.46 SOS |
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.