Libyan dinar cape verdean escudo exchange rate history (LYD CVE) October 2023

Libyan dinar cape verdean escudo history for October 2023. The highest quote for this month is 21.572 (16/10/2023) and the lowest 21.588 (03/10/2023). The difference between high and low is -0.07.

LYD CVE average rate for October 2023 is 21.415, the change between 01/10/2023 and 31/10/2023 is -0.04 %.

01 October 2023	1 LYD = 21.35 CVE
02 October 2023	1 LYD = 21.39 CVE
03 October 2023	1 LYD = 21.56 CVE
04 October 2023	1 LYD = 21.53 CVE
05 October 2023	1 LYD = 21.47 CVE
06 October 2023	1 LYD = 21.48 CVE
07 October 2023	1 LYD = 21.32 CVE
09 October 2023	1 LYD = 21.46 CVE
10 October 2023	1 LYD = 21.54 CVE
11 October 2023	1 LYD = 21.42 CVE
12 October 2023	1 LYD = 21.40 CVE
13 October 2023	1 LYD = 21.50 CVE
16 October 2023	1 LYD = 21.63 CVE
17 October 2023	1 LYD = 21.41 CVE
18 October 2023	1 LYD = 21.42 CVE
19 October 2023	1 LYD = 21.47 CVE
20 October 2023	1 LYD = 21.42 CVE
21 October 2023	1 LYD = 21.30 CVE
22 October 2023	1 LYD = 21.30 CVE
23 October 2023	1 LYD = 21.39 CVE
24 October 2023	1 LYD = 21.16 CVE
25 October 2023	1 LYD = 21.29 CVE
26 October 2023	1 LYD = 21.44 CVE
27 October 2023	1 LYD = 21.44 CVE
29 October 2023	1 LYD = 21.33 CVE
30 October 2023	1 LYD = 21.44 CVE
31 October 2023	1 LYD = 21.36 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.

06/09/2018: Announcement of new dinar notes

The Central Bank of Libya announces the release of new dinar banknotes with enhanced security features to combat 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.

28/07/2014: Recognition of rival governments

The Libyan Supreme Court recognizes two rival governments, further fragmenting the country and impacting the value of the dinar.

17/02/2011: Start of the Libyan Civil War

The Libyan Civil War begins, leading to political instability and further devaluation of the Libyan dinar.

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.

07/04/1986: US imposes economic sanctions

The United States imposes economic sanctions on Libya, severely impacting the value and stability of the Libyan dinar.

02/03/1978: Establishment of the Central Bank of Libya

The Central Bank of Libya is established, becoming the sole authority responsible for issuing and managing the Libyan dinar.

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.

08/09/1971: Introduction of the Libyan dinar

The Libyan pound is replaced by the Libyan dinar, at a rate of 1 dinar = 1 pound.

24/12/1951: Independence of Libya

Libya gains independence from Italy, introducing the Libyan pound as its currency.

Historic Libyan dinar Cape Verdean escudo