Historic Cape Verdean escudo Bolivian boliviano

Cape Verdean escudo bolivian boliviano history for February 2024. The highest quote for this month is 0.067387 (24/02/2024) and the lowest 0.067387 (24/02/2024). The difference between high and low is 0.

CVE BOB average rate for February 2024 is 0.06615, the change between 01/02/2024 and 29/02/2024 is +0.27 %.

01 February 20241 CVE = 0.0661 BOB
02 February 20241 CVE = 0.0661 BOB
03 February 20241 CVE = 0.0672 BOB
04 February 20241 CVE = 0.0672 BOB
05 February 20241 CVE = 0.0664 BOB
06 February 20241 CVE = 0.0656 BOB
07 February 20241 CVE = 0.0656 BOB
08 February 20241 CVE = 0.0657 BOB
09 February 20241 CVE = 0.0660 BOB
12 February 20241 CVE = 0.0657 BOB
13 February 20241 CVE = 0.0657 BOB
14 February 20241 CVE = 0.0654 BOB
15 February 20241 CVE = 0.0654 BOB
16 February 20241 CVE = 0.0656 BOB
17 February 20241 CVE = 0.0669 BOB
18 February 20241 CVE = 0.0669 BOB
19 February 20241 CVE = 0.0657 BOB
20 February 20241 CVE = 0.0657 BOB
21 February 20241 CVE = 0.0659 BOB
22 February 20241 CVE = 0.0660 BOB
23 February 20241 CVE = 0.0661 BOB
24 February 20241 CVE = 0.0674 BOB
25 February 20241 CVE = 0.0674 BOB
26 February 20241 CVE = 0.0660 BOB
27 February 20241 CVE = 0.0662 BOB
28 February 20241 CVE = 0.0663 BOB
29 February 20241 CVE = 0.0660 BOB

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.
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