Historic Saint Helena pound Cape Verdean escudo

Saint Helena pound cape verdean escudo history for February 2024. The highest quote for this month is 129.37 (07/02/2024) and the lowest 129.79 (14/02/2024). The difference between high and low is -0.32.

SHP CVE average rate for February 2024 is 128.95619, the change between 01/02/2024 and 29/02/2024 is -0.3 %.

01 February 20241 SHP = 128.5 CVE
02 February 20241 SHP = 128.4 CVE
05 February 20241 SHP = 128.5 CVE
06 February 20241 SHP = 129.0 CVE
07 February 20241 SHP = 129.6 CVE
08 February 20241 SHP = 129.0 CVE
09 February 20241 SHP = 129.2 CVE
12 February 20241 SHP = 129.1 CVE
13 February 20241 SHP = 129.0 CVE
14 February 20241 SHP = 129.2 CVE
15 February 20241 SHP = 129.2 CVE
16 February 20241 SHP = 129.2 CVE
19 February 20241 SHP = 128.9 CVE
20 February 20241 SHP = 129.4 CVE
21 February 20241 SHP = 128.9 CVE
22 February 20241 SHP = 128.7 CVE
23 February 20241 SHP = 129.0 CVE
26 February 20241 SHP = 129.1 CVE
27 February 20241 SHP = 128.9 CVE
28 February 20241 SHP = 128.5 CVE
29 February 20241 SHP = 128.9 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.

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.

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.