Historic Cambodian Riel Cape Verdean escudo

Cambodian Riel cape verdean escudo history for January 2024. The highest quote for this month is 0.025472 (24/01/2024) and the lowest 0.025523 (30/01/2024). The difference between high and low is -0.2.

KHR CVE average rate for January 2024 is 0.02493, the change between 01/01/2024 and 31/01/2024 is -0.28 %.

01 January 20241 KHR = 0.0249 CVE
02 January 20241 KHR = 0.0249 CVE
03 January 20241 KHR = 0.0245 CVE
04 January 20241 KHR = 0.0247 CVE
05 January 20241 KHR = 0.0247 CVE
06 January 20241 KHR = 0.0245 CVE
07 January 20241 KHR = 0.0245 CVE
08 January 20241 KHR = 0.0253 CVE
09 January 20241 KHR = 0.0246 CVE
10 January 20241 KHR = 0.0252 CVE
11 January 20241 KHR = 0.0246 CVE
12 January 20241 KHR = 0.0247 CVE
14 January 20241 KHR = 0.0247 CVE
15 January 20241 KHR = 0.0252 CVE
16 January 20241 KHR = 0.0253 CVE
17 January 20241 KHR = 0.0254 CVE
18 January 20241 KHR = 0.0249 CVE
19 January 20241 KHR = 0.0249 CVE
22 January 20241 KHR = 0.0254 CVE
23 January 20241 KHR = 0.0249 CVE
24 January 20241 KHR = 0.0250 CVE
25 January 20241 KHR = 0.0249 CVE
26 January 20241 KHR = 0.0249 CVE
28 January 20241 KHR = 0.0249 CVE
29 January 20241 KHR = 0.0254 CVE
30 January 20241 KHR = 0.0251 CVE
31 January 20241 KHR = 0.0250 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.

22/04/2020: COVID-19 Impact

The COVID-19 pandemic caused disruptions in the Cambodian economy, leading to a decline in the value of the Riel.

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.

04/01/2001: Riel Redenomination

The Cambodian government redenominated the Riel by removing four zeros, making it easier for transactions.

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.

20/03/1995: Dollarization

Cambodia officially adopted a dual currency system, allowing the use of both Riel and the United States Dollar.

20/03/1994: Currency Stabilization

Cambodia implemented a new currency stabilization plan to control hyperinflation and stabilize the Riel.

07/01/1979: Liberation of Cambodia

Vietnamese forces liberated Cambodia from the Khmer Rouge, leading to the reestablishment of the Riel.

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.

17/04/1975: Khmer Rouge Regime

The Khmer Rouge regime took control of Cambodia, resulting in the abolition of currency and economic collapse.

11/07/1951: Introduction of the Riel

The Riel was established as the official currency of Cambodia, replacing the French Indochinese Piastre.
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