Historic Bangladeshi Taka Cape Verdean escudo

Bangladeshi Taka cape verdean escudo history for December 2023. The highest quote for this month is 0.9509 (14/12/2023) and the lowest 0.9453 (11/12/2023). The difference between high and low is 0.59.

BDT CVE average rate for December 2023 is 0.93083, the change between 01/12/2023 and 31/12/2023 is +1.37 %.

01 December 20231 BDT = 0.9301 CVE
02 December 20231 BDT = 0.9223 CVE
03 December 20231 BDT = 0.9223 CVE
04 December 20231 BDT = 0.9318 CVE
05 December 20231 BDT = 0.9391 CVE
06 December 20231 BDT = 0.9425 CVE
07 December 20231 BDT = 0.9429 CVE
08 December 20231 BDT = 0.9418 CVE
10 December 20231 BDT = 0.9349 CVE
11 December 20231 BDT = 0.9440 CVE
12 December 20231 BDT = 0.9444 CVE
13 December 20231 BDT = 0.9428 CVE
14 December 20231 BDT = 0.9439 CVE
15 December 20231 BDT = 0.9509 CVE
16 December 20231 BDT = 0.9194 CVE
17 December 20231 BDT = 0.9194 CVE
18 December 20231 BDT = 0.9278 CVE
19 December 20231 BDT = 0.9349 CVE
20 December 20231 BDT = 0.9295 CVE
21 December 20231 BDT = 0.9297 CVE
22 December 20231 BDT = 0.9284 CVE
23 December 20231 BDT = 0.9178 CVE
24 December 20231 BDT = 0.9143 CVE
25 December 20231 BDT = 0.9250 CVE
26 December 20231 BDT = 0.9256 CVE
27 December 20231 BDT = 0.9223 CVE
28 December 20231 BDT = 0.9179 CVE
29 December 20231 BDT = 0.9174 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.

20/03/2020: Banned Old Notes

Bangladesh bans the circulation of old 1000 Taka notes to combat counterfeit currency and encourage the use of new security-enhanced 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.

12/06/2011: Denomination Revamp

Bangladesh revalues its currency by dropping two zeros from the denominations, making 1000 Taka equal to 10 Taka.

01/07/2007: Introduction of Polymer Banknotes

Bangladesh introduces polymer banknotes for the first time, enhancing durability, security, and public acceptance of the Bangladeshi Taka.

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.

02/03/1976: Introduction of Decimal System

Bangladesh transitions from the Indian Rupee-based monetary system to the decimal-based system, resulting in the issuance of new banknotes and coins.

15/08/1975: Assassination of Sheikh Mujibur Rahman

The assassination of Sheikh Mujibur Rahman, the founding father of Bangladesh and the advocate for the Bangladeshi Taka, creates political instability and economic challenges.

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.

04/01/1972: Introduction of Bangladeshi Taka

The Bangladeshi Taka is introduced as the national currency replacing the Pakistani Rupee at par.

25/03/1971: Declaration of Independence

Bangladesh declares independence from Pakistan, leading to the establishment of the Bangladeshi Taka as the official currency.