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

Honduran lempira cape verdean escudo history for September 2023. The highest quote for this month is 4.31 (29/09/2023) and the lowest 4.3262 (28/09/2023). The difference between high and low is -0.38.

HNL CVE average rate for September 2023 is 4.22318, the change between 01/09/2023 and 30/09/2023 is -0.4 %.

01 September 2023	1 HNL = 4.214 CVE
04 September 2023	1 HNL = 4.207 CVE
05 September 2023	1 HNL = 4.223 CVE
06 September 2023	1 HNL = 4.250 CVE
07 September 2023	1 HNL = 4.188 CVE
08 September 2023	1 HNL = 4.193 CVE
11 September 2023	1 HNL = 4.264 CVE
12 September 2023	1 HNL = 4.177 CVE
13 September 2023	1 HNL = 4.185 CVE
14 September 2023	1 HNL = 4.185 CVE
15 September 2023	1 HNL = 4.216 CVE
18 September 2023	1 HNL = 4.281 CVE
19 September 2023	1 HNL = 4.202 CVE
20 September 2023	1 HNL = 4.211 CVE
21 September 2023	1 HNL = 4.191 CVE
22 September 2023	1 HNL = 4.215 CVE
23 September 2023	1 HNL = 4.207 CVE
24 September 2023	1 HNL = 4.207 CVE
25 September 2023	1 HNL = 4.288 CVE
26 September 2023	1 HNL = 4.247 CVE
27 September 2023	1 HNL = 4.252 CVE
28 September 2023	1 HNL = 4.273 CVE
29 September 2023	1 HNL = 4.251 CVE
30 September 2023	1 HNL = 4.231 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