Aruban florin cape verdean escudo exchange rate history (AWG CVE) December 2023

Aruban florin cape verdean escudo history for December 2023. The highest quote for this month is 57.64 (10/12/2023) and the lowest 57.64 (10/12/2023). The difference between high and low is 0.

AWG CVE average rate for December 2023 is 56.57436, the change between 01/12/2023 and 31/12/2023 is +1.44 %.

01 December 2023	1 AWG = 56.44 CVE
02 December 2023	1 AWG = 56.99 CVE
03 December 2023	1 AWG = 56.99 CVE
04 December 2023	1 AWG = 56.49 CVE
05 December 2023	1 AWG = 56.87 CVE
06 December 2023	1 AWG = 56.96 CVE
07 December 2023	1 AWG = 57.10 CVE
08 December 2023	1 AWG = 56.96 CVE
10 December 2023	1 AWG = 57.64 CVE
11 December 2023	1 AWG = 57.22 CVE
12 December 2023	1 AWG = 57.13 CVE
13 December 2023	1 AWG = 56.98 CVE
14 December 2023	1 AWG = 57.13 CVE
15 December 2023	1 AWG = 57.46 CVE
16 December 2023	1 AWG = 56.69 CVE
17 December 2023	1 AWG = 56.69 CVE
18 December 2023	1 AWG = 56.47 CVE
19 December 2023	1 AWG = 56.45 CVE
20 December 2023	1 AWG = 56.09 CVE
21 December 2023	1 AWG = 56.07 CVE
22 December 2023	1 AWG = 55.98 CVE
23 December 2023	1 AWG = 56.45 CVE
24 December 2023	1 AWG = 56.24 CVE
25 December 2023	1 AWG = 55.93 CVE
26 December 2023	1 AWG = 55.89 CVE
27 December 2023	1 AWG = 55.81 CVE
28 December 2023	1 AWG = 55.35 CVE
29 December 2023	1 AWG = 55.62 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.

01/03/2018: Redenomination of the Aruban florin

Aruba redenominated its currency, replacing 1,000 florins with 1 florin, simplifying transactions and reducing the size of banknotes.

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.

01/01/2011: Introduction of polymer banknotes

Aruba introduced polymer banknotes, made from a durable and secure polymer substrate, to enhance the durability and security of its currency.

01/01/2005: Decimalization of the escudo

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

01/01/2003: Replacement of older banknotes

Older series of banknotes were phased out and replaced by newer and more secure banknotes featuring enhanced anti-counterfeiting measures.

01/01/2000: Adoption of new currency symbol

The Aruban florin adopted a new symbol, ƒ, to distinguish itself from other currencies.

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.

01/01/1993: Currency reform

A currency reform took place in Aruba, with the introduction of a new series of banknotes and the demonetization of certain older banknotes.

01/01/1990: Introduction of the guilders coins

Aruba introduced its own series of coins denominated in guilders, featuring unique designs and symbols reflective of Aruban culture.

01/01/1986: Introduction of the Aruban florin

The Aruban florin was established as the official currency of Aruba, replacing the Dutch guilder at a fixed rate of 1.79 florin to 1 guilder.

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 Aruban florin Cape Verdean escudo