Israeli Sheqel cape verdean escudo exchange rate history (ILS CVE) August 2023

Israeli Sheqel cape verdean escudo history for August 2023. The highest quote for this month is 27.378 (02/08/2023) and the lowest 27.677 (02/08/2023). The difference between high and low is -1.09.

ILS CVE average rate for August 2023 is 27.02076, the change between 01/08/2023 and 31/08/2023 is +2.02 %.

01 August 2023	1 ILS = 27.35 CVE
02 August 2023	1 ILS = 27.62 CVE
03 August 2023	1 ILS = 27.40 CVE
04 August 2023	1 ILS = 27.32 CVE
07 August 2023	1 ILS = 27.42 CVE
08 August 2023	1 ILS = 27.25 CVE
09 August 2023	1 ILS = 27.04 CVE
10 August 2023	1 ILS = 27.24 CVE
11 August 2023	1 ILS = 26.97 CVE
12 August 2023	1 ILS = 26.95 CVE
14 August 2023	1 ILS = 27.01 CVE
15 August 2023	1 ILS = 27.01 CVE
16 August 2023	1 ILS = 27.02 CVE
17 August 2023	1 ILS = 26.92 CVE
18 August 2023	1 ILS = 26.80 CVE
20 August 2023	1 ILS = 26.78 CVE
21 August 2023	1 ILS = 26.69 CVE
22 August 2023	1 ILS = 26.72 CVE
23 August 2023	1 ILS = 26.82 CVE
24 August 2023	1 ILS = 27.03 CVE
25 August 2023	1 ILS = 26.82 CVE
28 August 2023	1 ILS = 26.87 CVE
29 August 2023	1 ILS = 26.82 CVE
30 August 2023	1 ILS = 26.85 CVE
31 August 2023	1 ILS = 26.80 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.

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.

29/12/2014: 1 US Dollar = 3.891 Israeli Sheqel

The Israeli Sheqel (ILS) reaches a historical low against the US Dollar in the foreign exchange market.

04/05/2008: Introduction of New Banknotes

New Israeli Sheqel (ILS) banknotes with enhanced security features were issued.

01/01/2005: Decimalization of the escudo

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

01/09/1999: Introduction of Sheqel Coins

Israeli Sheqel (ILS) coins were introduced, replacing the agora as the subunit of the currency.

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.

24/02/1985: Hyperinflation Crisis

Israel experiences hyperinflation, leading to the introduction of the new Israeli Sheqel (ILS).

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.

16/03/1960: Introduction of the New Sheqel

The old Israeli pound (ILP) was replaced by the new Israeli Sheqel (ILS) as the official currency.

24/02/1949: Introduction of the Israel Pound

The Israeli pound (ILP) was introduced as legal tender in Israel.

24/09/1948: Israeli Declaration of Independence

The Israeli pound (ILP) was introduced as the official currency of Israel.

Historic Israeli Sheqel Cape Verdean escudo