Honduran lempira cape verdean escudo exchange rate history (HNL CVE) December 2023

Honduran lempira cape verdean escudo history for December 2023. The highest quote for this month is 4.2295 (11/12/2023) and the lowest 4.2318 (11/12/2023). The difference between high and low is -0.05.

HNL CVE average rate for December 2023 is 4.13734, the change between 01/12/2023 and 31/12/2023 is +2.44 %.

01 December 2023	1 HNL = 4.170 CVE
02 December 2023	1 HNL = 4.120 CVE
03 December 2023	1 HNL = 4.120 CVE
04 December 2023	1 HNL = 4.178 CVE
05 December 2023	1 HNL = 4.153 CVE
06 December 2023	1 HNL = 4.167 CVE
07 December 2023	1 HNL = 4.215 CVE
08 December 2023	1 HNL = 4.162 CVE
10 December 2023	1 HNL = 4.169 CVE
11 December 2023	1 HNL = 4.226 CVE
12 December 2023	1 HNL = 4.175 CVE
13 December 2023	1 HNL = 4.221 CVE
14 December 2023	1 HNL = 4.174 CVE
15 December 2023	1 HNL = 4.206 CVE
16 December 2023	1 HNL = 4.100 CVE
17 December 2023	1 HNL = 4.100 CVE
18 December 2023	1 HNL = 4.153 CVE
19 December 2023	1 HNL = 4.176 CVE
20 December 2023	1 HNL = 4.096 CVE
21 December 2023	1 HNL = 4.094 CVE
22 December 2023	1 HNL = 4.079 CVE
23 December 2023	1 HNL = 4.082 CVE
24 December 2023	1 HNL = 4.066 CVE
25 December 2023	1 HNL = 4.130 CVE
26 December 2023	1 HNL = 4.133 CVE
27 December 2023	1 HNL = 4.069 CVE
28 December 2023	1 HNL = 4.045 CVE
29 December 2023	1 HNL = 4.068 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.

07/10/2019: Modernization of Banknotes

The Honduran Central Bank launched new banknotes with enhanced security features and improved designs to deter counterfeiting.

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.

27/01/2009: Currency Crisis

Honduras faced a severe currency crisis due to political instability, causing a decline in the value of the Lempira.

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.

15/06/1997: Monetary Integration

Honduras became a member of the Central American Monetary Integration System, aiming to promote economic stability and regional cooperation.

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.

15/03/1967: Introduction of the New Lempira

A new design and denomination of the Lempira banknotes were introduced in order to combat counterfeiting.

03/09/1950: Devaluation of the Lempira

The Lempira experienced a significant devaluation, causing economic instability and inflation in Honduras.

11/10/1940: Monetary Reforms

Honduran government implemented monetary reforms to stabilize the Lempira and improve its value.

07/03/1931: Creation of the Lempira

The Honduran currency, the Lempira, was introduced to replace the Honduran peso as the official currency.

Historic Honduran lempira Cape Verdean escudo