Bolivian boliviano cape verdean escudo exchange rate history (BOB CVE) November 2023

Bolivian boliviano cape verdean escudo history for November 2023. The highest quote for this month is 15.574 (01/11/2023) and the lowest 15.564 (01/11/2023). The difference between high and low is 0.06.

BOB CVE average rate for November 2023 is 15.14162, the change between 01/11/2023 and 30/11/2023 is +3.98 %.

01 November 2023	1 BOB = 15.53 CVE
02 November 2023	1 BOB = 15.57 CVE
03 November 2023	1 BOB = 15.43 CVE
06 November 2023	1 BOB = 15.41 CVE
07 November 2023	1 BOB = 15.29 CVE
08 November 2023	1 BOB = 15.37 CVE
09 November 2023	1 BOB = 15.30 CVE
10 November 2023	1 BOB = 15.31 CVE
12 November 2023	1 BOB = 15.04 CVE
13 November 2023	1 BOB = 15.36 CVE
14 November 2023	1 BOB = 15.31 CVE
15 November 2023	1 BOB = 15.33 CVE
16 November 2023	1 BOB = 15.09 CVE
17 November 2023	1 BOB = 15.09 CVE
18 November 2023	1 BOB = 14.80 CVE
19 November 2023	1 BOB = 14.80 CVE
20 November 2023	1 BOB = 15.09 CVE
21 November 2023	1 BOB = 14.98 CVE
22 November 2023	1 BOB = 15.01 CVE
23 November 2023	1 BOB = 15.04 CVE
24 November 2023	1 BOB = 15.02 CVE
26 November 2023	1 BOB = 14.70 CVE
27 November 2023	1 BOB = 15.02 CVE
28 November 2023	1 BOB = 14.96 CVE
29 November 2023	1 BOB = 14.94 CVE
30 November 2023	1 BOB = 14.92 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.

31/12/2004: Return to the boliviano

Bolivia ended the dollarization period and officially reintroduced the boliviano as the sole legal tender of the country.

31/12/2003: Dollarization crisis

Bolivia experienced a financial crisis, leading to the temporary dollarization of the economy and the use of the US dollar as legal tender.

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.

31/03/1988: Bolivianoization

Bolivianoization was implemented, requiring all contracts and transactions to be conducted in bolivianos instead of foreign currencies.

28/02/1987: Introduction of the second boliviano

A new boliviano, known as the second boliviano (Boliviano de Segunda), was introduced to replace the heavily devalued first boliviano.

31/01/1986: Hyperinflation crisis

Bolivia experienced a severe hyperinflation crisis, leading to the devaluation of the boliviano.

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.

31/12/1962: Monetary reform

The boliviano underwent a monetary reform, with new banknotes and coins being issued.

31/12/1891: Introduction of Bolivian boliviano

The boliviano was introduced as the official currency of Bolivia, replacing the Bolivian peso.

Historic Bolivian boliviano Cape Verdean escudo