Israeli Sheqel cape verdean escudo exchange rate history (ILS CVE) February 2024

Israeli Sheqel cape verdean escudo history for February 2024. The highest quote for this month is 28.47 (17/02/2024) and the lowest 28.629 (29/02/2024). The difference between high and low is -0.56.

ILS CVE average rate for February 2024 is 28.04848, the change between 01/02/2024 and 29/02/2024 is -1.51 %.

01 February 2024	1 ILS = 27.90 CVE
02 February 2024	1 ILS = 27.78 CVE
03 February 2024	1 ILS = 27.95 CVE
04 February 2024	1 ILS = 27.95 CVE
05 February 2024	1 ILS = 27.99 CVE
06 February 2024	1 ILS = 27.97 CVE
07 February 2024	1 ILS = 28.15 CVE
08 February 2024	1 ILS = 28.04 CVE
09 February 2024	1 ILS = 27.70 CVE
12 February 2024	1 ILS = 27.89 CVE
13 February 2024	1 ILS = 27.96 CVE
14 February 2024	1 ILS = 28.03 CVE
15 February 2024	1 ILS = 28.12 CVE
16 February 2024	1 ILS = 28.30 CVE
17 February 2024	1 ILS = 28.47 CVE
18 February 2024	1 ILS = 28.46 CVE
19 February 2024	1 ILS = 28.39 CVE
20 February 2024	1 ILS = 28.16 CVE
21 February 2024	1 ILS = 27.79 CVE
22 February 2024	1 ILS = 27.71 CVE
23 February 2024	1 ILS = 28.00 CVE
24 February 2024	1 ILS = 28.12 CVE
25 February 2024	1 ILS = 28.05 CVE
26 February 2024	1 ILS = 28.03 CVE
27 February 2024	1 ILS = 27.93 CVE
28 February 2024	1 ILS = 28.18 CVE
29 February 2024	1 ILS = 28.32 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