Bangladeshi Taka cape verdean escudo exchange rate history (BDT CVE) February 2024

Bangladeshi Taka cape verdean escudo history for February 2024. The highest quote for this month is 0.9512 (15/02/2024) and the lowest 0.9521 (14/02/2024). The difference between high and low is -0.09.

BDT CVE average rate for February 2024 is 0.94233, the change between 01/02/2024 and 29/02/2024 is -0.27 %.

01 February 2024	1 BDT = 0.9407 CVE
02 February 2024	1 BDT = 0.9408 CVE
03 February 2024	1 BDT = 0.9345 CVE
04 February 2024	1 BDT = 0.9324 CVE
05 February 2024	1 BDT = 0.9372 CVE
06 February 2024	1 BDT = 0.9486 CVE
07 February 2024	1 BDT = 0.9487 CVE
08 February 2024	1 BDT = 0.9473 CVE
09 February 2024	1 BDT = 0.9465 CVE
12 February 2024	1 BDT = 0.9471 CVE
13 February 2024	1 BDT = 0.9466 CVE
14 February 2024	1 BDT = 0.9520 CVE
15 February 2024	1 BDT = 0.9507 CVE
16 February 2024	1 BDT = 0.9488 CVE
17 February 2024	1 BDT = 0.9367 CVE
18 February 2024	1 BDT = 0.9367 CVE
19 February 2024	1 BDT = 0.9466 CVE
20 February 2024	1 BDT = 0.9466 CVE
21 February 2024	1 BDT = 0.9436 CVE
22 February 2024	1 BDT = 0.9428 CVE
23 February 2024	1 BDT = 0.9415 CVE
24 February 2024	1 BDT = 0.9299 CVE
25 February 2024	1 BDT = 0.9299 CVE
26 February 2024	1 BDT = 0.9422 CVE
27 February 2024	1 BDT = 0.9406 CVE
28 February 2024	1 BDT = 0.9407 CVE
29 February 2024	1 BDT = 0.9432 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.

Historic Bangladeshi Taka Cape Verdean escudo