Historic Burundian Franc Cape Verdean escudo

Burundian Franc cape verdean escudo history for February 2024. The highest quote for this month is 0.036218 (15/02/2024) and the lowest 0.036373 (14/02/2024). The difference between high and low is -0.43.

BIF CVE average rate for February 2024 is 0.03601, the change between 01/02/2024 and 29/02/2024 is -0.51 %.

01 February 20241 BIF = 0.0358 CVE
02 February 20241 BIF = 0.0359 CVE
03 February 20241 BIF = 0.0360 CVE
04 February 20241 BIF = 0.0360 CVE
05 February 20241 BIF = 0.0358 CVE
06 February 20241 BIF = 0.0363 CVE
07 February 20241 BIF = 0.0362 CVE
08 February 20241 BIF = 0.0361 CVE
09 February 20241 BIF = 0.0361 CVE
12 February 20241 BIF = 0.0362 CVE
13 February 20241 BIF = 0.0360 CVE
14 February 20241 BIF = 0.0363 CVE
15 February 20241 BIF = 0.0362 CVE
16 February 20241 BIF = 0.0361 CVE
17 February 20241 BIF = 0.0361 CVE
18 February 20241 BIF = 0.0361 CVE
19 February 20241 BIF = 0.0362 CVE
20 February 20241 BIF = 0.0362 CVE
21 February 20241 BIF = 0.0359 CVE
22 February 20241 BIF = 0.0359 CVE
23 February 20241 BIF = 0.0358 CVE
24 February 20241 BIF = 0.0358 CVE
25 February 20241 BIF = 0.0358 CVE
26 February 20241 BIF = 0.0360 CVE
27 February 20241 BIF = 0.0358 CVE
28 February 20241 BIF = 0.0358 CVE
29 February 20241 BIF = 0.0360 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.

29/06/2018: East African Community Currency Integration

Burundi joins the East African Community (EAC) currency integration, paving the way for a future unified currency within the region.

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.

17/10/2011: Introduction of New Banknotes

New banknotes with enhanced security features and updated designs are introduced in denominations of 500, 1000, 2000, 5000, and 10,000 Francs.

01/01/2005: Decimalization of the escudo

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

30/06/2003: Second Currency Revaluation

The Burundian Franc undergoes another significant devaluation as part of the second currency revaluation program.

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.

30/04/1995: Printing of Banknotes

The first locally printed banknotes, issued in denominations of 10, 20, 50, 100, 500, 1000, and 5000 Francs, are circulated.

20/10/1990: Introduction of New Coins

New coins are introduced in denominations of 1, 5, 10, 50, and 100 Francs.

22/09/1985: First Currency Revaluation

The Burundian Franc is significantly devalued as part of a currency revaluation program.

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.

30/06/1960: Independence from Belgium

Burundi gains independence from Belgium, establishing the Burundian Franc as its official currency.
BIF CVE July 2023
BIF CVE August 2023
BIF CVE September 2023
BIF CVE October 2023
BIF CVE November 2023
BIF CVE December 2023
BIF CVE January 2024
BIF CVE February 2024
BIF CVE March 2024
BIF CVE April 2024
BIF CVE May 2024
BIF CVE June 2024
BIF CVE July 2024