Historic Ghana Cedi Cape Verdean escudo

Ghana Cedi cape verdean escudo history for February 2024. The highest quote for this month is 8.3117 (06/02/2024) and the lowest 8.3355 (07/02/2024). The difference between high and low is -0.29.

GHS CVE average rate for February 2024 is 8.22505, the change between 01/02/2024 and 29/02/2024 is +1.84 %.

01 February 20241 GHS = 8.25 CVE
02 February 20241 GHS = 8.23 CVE
03 February 20241 GHS = 8.27 CVE
04 February 20241 GHS = 8.27 CVE
05 February 20241 GHS = 8.20 CVE
06 February 20241 GHS = 8.30 CVE
07 February 20241 GHS = 8.31 CVE
08 February 20241 GHS = 8.29 CVE
09 February 20241 GHS = 8.27 CVE
12 February 20241 GHS = 8.27 CVE
13 February 20241 GHS = 8.25 CVE
14 February 20241 GHS = 8.29 CVE
15 February 20241 GHS = 8.29 CVE
16 February 20241 GHS = 8.26 CVE
17 February 20241 GHS = 8.27 CVE
18 February 20241 GHS = 8.27 CVE
19 February 20241 GHS = 8.22 CVE
20 February 20241 GHS = 8.21 CVE
21 February 20241 GHS = 8.21 CVE
22 February 20241 GHS = 8.15 CVE
23 February 20241 GHS = 8.24 CVE
24 February 20241 GHS = 8.14 CVE
25 February 20241 GHS = 8.14 CVE
26 February 20241 GHS = 8.13 CVE
27 February 20241 GHS = 8.13 CVE
28 February 20241 GHS = 8.10 CVE
29 February 20241 GHS = 8.10 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.

16/09/2019: Ghana Goes Cashless

The government launched the Ghana.Gov payment platform, aimed at promoting electronic payments and reducing cash transactions.

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.

05/07/2012: GHS Symbol Change

The Bank of Ghana introduced a new currency symbol for the cedi, changing it from GHȼ to GHS.

03/07/2007: Decimals Dropped

The Bank of Ghana dropped four decimal places, making 1 new Ghanaian cedi = 1 GHȼ.

01/01/2005: Decimalization of the escudo

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

01/07/2002: Replacement of New Cedi

The new Ghanaian cedi, denoted as GHC, replaced the second cedi at a rate of 1 cedi = 10,000 cedis.

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.

17/07/1978: Second Cedi Introduced

Due to high inflation, the second Ghanaian cedi was introduced with a new currency code, GHS.

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.

19/07/1965: Cedi Introduced

The Ghanaian pound was replaced by the Ghanaian cedi at a rate of 1 pound = 2.4 cedis, symbolizing economic independence.

06/03/1957: Ghana's Independence

Ghana gained independence from British colonial rule, leading to the introduction of the Ghanaian pound as its currency.
GHS CVE July 2023
GHS CVE August 2023
GHS CVE September 2023
GHS CVE October 2023
GHS CVE November 2023
GHS CVE December 2023
GHS CVE January 2024
GHS CVE February 2024
GHS CVE March 2024
GHS CVE April 2024
GHS CVE May 2024
GHS CVE June 2024
GHS CVE July 2024