Brunei dollar cape verdean escudo exchange rate history (BND CVE) August 2023

Brunei dollar cape verdean escudo history for August 2023. The highest quote for this month is 76.544 (29/08/2023) and the lowest 76.597 (02/08/2023). The difference between high and low is -0.07.

BND CVE average rate for August 2023 is 75.972, the change between 01/08/2023 and 31/08/2023 is +0.67 %.

01 August 2023	1 BND = 76.62 CVE
02 August 2023	1 BND = 76.57 CVE
03 August 2023	1 BND = 76.40 CVE
04 August 2023	1 BND = 76.35 CVE
07 August 2023	1 BND = 76.28 CVE
08 August 2023	1 BND = 76.17 CVE
09 August 2023	1 BND = 75.94 CVE
10 August 2023	1 BND = 75.94 CVE
11 August 2023	1 BND = 75.58 CVE
12 August 2023	1 BND = 74.29 CVE
14 August 2023	1 BND = 75.55 CVE
15 August 2023	1 BND = 75.89 CVE
16 August 2023	1 BND = 75.71 CVE
17 August 2023	1 BND = 75.61 CVE
18 August 2023	1 BND = 75.97 CVE
19 August 2023	1 BND = 74.85 CVE
20 August 2023	1 BND = 74.85 CVE
21 August 2023	1 BND = 76.02 CVE
22 August 2023	1 BND = 76.00 CVE
23 August 2023	1 BND = 76.29 CVE
24 August 2023	1 BND = 76.12 CVE
25 August 2023	1 BND = 76.55 CVE
28 August 2023	1 BND = 76.61 CVE
29 August 2023	1 BND = 76.44 CVE
30 August 2023	1 BND = 76.58 CVE
31 August 2023	1 BND = 76.10 CVE

01/01/2022: Removal of monarchy symbol

Brunei currency no longer featured the portrait of the Sultan as part of efforts to modernize the banknotes.

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.

21/07/2017: Commencement of New Series Polymer Banknotes

New series of polymer banknotes with modern designs entered circulation.

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.

05/05/2013: Upgrade of polymer banknotes

Introduction of new polymer banknotes with enhanced security features.

01/07/2011: Introduction of Brunei-Indonesia Currency Agreement

Brunei dollar became interchangeable with Indonesian rupiah in specified regions.

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.

18/03/1996: Change in currency regime

Brunei dollar became fully backed by foreign exchange reserves instead of gold.

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.

12/06/1973: Establishment of Brunei Currency Board

Currency Board assumed responsibility for the issuance and management of Brunei dollar.

27/07/1967: Introduction of Brunei and Singapore Currency Interchangeability Agreement

Brunei and Singapore dollars became interchangeable at par.

Historic Brunei dollar Cape Verdean escudo