Moldovan Leu cape verdean escudo exchange rate history (MDL CVE) December 2023

Moldovan Leu cape verdean escudo history for December 2023. The highest quote for this month is 5.8676 (14/12/2023) and the lowest 5.8534 (07/12/2023). The difference between high and low is 0.24.

MDL CVE average rate for December 2023 is 5.79792, the change between 01/12/2023 and 31/12/2023 is -0.33 %.

01 December 2023	1 MDL = 5.78 CVE
02 December 2023	1 MDL = 5.77 CVE
03 December 2023	1 MDL = 5.77 CVE
04 December 2023	1 MDL = 5.79 CVE
05 December 2023	1 MDL = 5.83 CVE
06 December 2023	1 MDL = 5.86 CVE
07 December 2023	1 MDL = 5.85 CVE
08 December 2023	1 MDL = 5.84 CVE
10 December 2023	1 MDL = 5.83 CVE
11 December 2023	1 MDL = 5.84 CVE
12 December 2023	1 MDL = 5.81 CVE
13 December 2023	1 MDL = 5.79 CVE
14 December 2023	1 MDL = 5.79 CVE
15 December 2023	1 MDL = 5.87 CVE
16 December 2023	1 MDL = 5.74 CVE
17 December 2023	1 MDL = 5.74 CVE
18 December 2023	1 MDL = 5.75 CVE
19 December 2023	1 MDL = 5.82 CVE
20 December 2023	1 MDL = 5.82 CVE
21 December 2023	1 MDL = 5.85 CVE
22 December 2023	1 MDL = 5.85 CVE
23 December 2023	1 MDL = 5.75 CVE
24 December 2023	1 MDL = 5.73 CVE
25 December 2023	1 MDL = 5.77 CVE
26 December 2023	1 MDL = 5.78 CVE
27 December 2023	1 MDL = 5.76 CVE
28 December 2023	1 MDL = 5.78 CVE
29 December 2023	1 MDL = 5.80 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.

04/06/2018: Introduction of New Banknotes

Moldova introduced a new series of 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.

01/07/2015: Currency Pegged to Euro

Moldova pegged its currency, the Leu, to the Euro at a fixed exchange rate to stabilize the economy and attract foreign investment.

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.

10/05/2010: Euro as Legal Tender

Moldova adopted the Euro as its official currency, though it is not a member of the Eurozone.

29/04/2009: Revaluation

Moldova carried out a currency revaluation, changing the exchange rate from 10,000 old Lei to 1 new Leu.

01/01/2005: Decimalization of the escudo

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

29/10/1999: Introduction of Polymer Banknotes

Polymer banknotes were introduced in Moldova, increasing security and durability 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.

29/05/1994: Redenomination

Moldova underwent a redenomination process, where 1000 old Lei were exchanged for 1 new Leu to combat hyperinflation.

26/11/1992: Declaration of Independence

The Moldovan Leu was introduced as the official currency of Moldova after the country declared independence from the Soviet Union.

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.

Historic Moldovan Leu Cape Verdean escudo