Swazi lilangeni cape verdean escudo history for February 2024. The highest quote for this month is 5.4806 (01/02/2024) and the lowest 5.4997 (03/02/2024). The difference between high and low is -0.35.
SZL CVE average rate for February 2024 is 5.38486, the change between 01/02/2024 and 29/02/2024 is +2.21 %.
01 February 2024 | 1 SZL = 5.47 CVE |
02 February 2024 | 1 SZL = 5.47 CVE |
03 February 2024 | 1 SZL = 5.40 CVE |
04 February 2024 | 1 SZL = 5.40 CVE |
05 February 2024 | 1 SZL = 5.49 CVE |
06 February 2024 | 1 SZL = 5.47 CVE |
07 February 2024 | 1 SZL = 5.45 CVE |
08 February 2024 | 1 SZL = 5.42 CVE |
09 February 2024 | 1 SZL = 5.40 CVE |
12 February 2024 | 1 SZL = 5.44 CVE |
13 February 2024 | 1 SZL = 5.14 CVE |
14 February 2024 | 1 SZL = 5.38 CVE |
15 February 2024 | 1 SZL = 5.39 CVE |
16 February 2024 | 1 SZL = 5.41 CVE |
17 February 2024 | 1 SZL = 5.43 CVE |
18 February 2024 | 1 SZL = 5.44 CVE |
19 February 2024 | 1 SZL = 5.47 CVE |
20 February 2024 | 1 SZL = 5.44 CVE |
21 February 2024 | 1 SZL = 5.39 CVE |
22 February 2024 | 1 SZL = 5.38 CVE |
23 February 2024 | 1 SZL = 5.31 CVE |
24 February 2024 | 1 SZL = 5.27 CVE |
25 February 2024 | 1 SZL = 5.27 CVE |
26 February 2024 | 1 SZL = 5.33 CVE |
27 February 2024 | 1 SZL = 5.26 CVE |
28 February 2024 | 1 SZL = 5.33 CVE |
29 February 2024 | 1 SZL = 5.35 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.