Historic Czech koruna Cape Verdean escudo

Czech koruna cape verdean escudo history for February 2024. The highest quote for this month is 4.4219 (03/02/2024) and the lowest 4.4461 (01/02/2024). The difference between high and low is -0.55.

CZK CVE average rate for February 2024 is 4.37561, the change between 01/02/2024 and 29/02/2024 is +1.34 %.

01 February 20241 CZK = 4.423 CVE
02 February 20241 CZK = 4.453 CVE
03 February 20241 CZK = 4.418 CVE
04 February 20241 CZK = 4.425 CVE
05 February 20241 CZK = 4.421 CVE
06 February 20241 CZK = 4.427 CVE
07 February 20241 CZK = 4.433 CVE
08 February 20241 CZK = 4.426 CVE
09 February 20241 CZK = 4.373 CVE
12 February 20241 CZK = 4.379 CVE
13 February 20241 CZK = 4.371 CVE
14 February 20241 CZK = 4.353 CVE
15 February 20241 CZK = 4.346 CVE
16 February 20241 CZK = 4.360 CVE
17 February 20241 CZK = 4.343 CVE
18 February 20241 CZK = 4.349 CVE
19 February 20241 CZK = 4.340 CVE
20 February 20241 CZK = 4.331 CVE
21 February 20241 CZK = 4.349 CVE
22 February 20241 CZK = 4.359 CVE
23 February 20241 CZK = 4.349 CVE
24 February 20241 CZK = 4.345 CVE
25 February 20241 CZK = 4.356 CVE
26 February 20241 CZK = 4.346 CVE
27 February 20241 CZK = 4.351 CVE
28 February 20241 CZK = 4.355 CVE
29 February 20241 CZK = 4.364 CVE

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.

05/04/2016: End of currency intervention

The Czech National Bank ended its currency intervention policy, allowing the koruna to float freely and be determined by market forces.

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.

06/11/2013: Currency intervention

The Czech National Bank implemented a currency intervention policy to weaken the koruna and stimulate the country's economy.

09/10/2008: Global financial crisis impact

The koruna experienced significant depreciation during the global financial crisis, reflecting the economic challenges faced by the Czech Republic.

30/04/2007: EU membership benefits

The Czech Republic became a member of the European Union's economic and monetary union, allowing for greater stability and cooperation for the koruna.

01/01/2005: Decimalization of the escudo

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

30/04/2004: EU Accession

The Czech Republic joined the European Union, paving the way for further integration of the koruna with European monetary policies.

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.

30/06/1993: Currency conversion

The Czech Republic adopted a new currency regime, shifting from a fixed exchange rate to a floating exchange rate for the koruna.

07/02/1993: Establishment of Czech koruna

The Czech koruna was introduced as the official currency of the Czech Republic following the dissolution of Czechoslovakia.

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.
CZK CVE July 2023
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