Historic Israeli Sheqel Cape Verdean escudo

Israeli Sheqel cape verdean escudo history for March 2024. The highest quote for this month is 28.599 (03/03/2024) and the lowest 28.714 (03/03/2024). The difference between high and low is -0.4.

ILS CVE average rate for March 2024 is 28.2701, the change between 01/03/2024 and 31/03/2024 is +3.08 %.

01 March 20241 ILS = 28.53 CVE
03 March 20241 ILS = 28.60 CVE
04 March 20241 ILS = 28.50 CVE
05 March 20241 ILS = 28.40 CVE
06 March 20241 ILS = 28.34 CVE
07 March 20241 ILS = 28.21 CVE
08 March 20241 ILS = 28.13 CVE
10 March 20241 ILS = 28.15 CVE
11 March 20241 ILS = 28.20 CVE
12 March 20241 ILS = 27.65 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.