Historic Cape Verdean escudo Cambodian Riel

Cape Verdean escudo cambodian riel history for August 2023. The highest quote for this month is 41.068 (12/08/2023) and the lowest 41.046 (12/08/2023). The difference between high and low is 0.05.

CVE KHR average rate for August 2023 is 40.48185, the change between 01/08/2023 and 31/08/2023 is +2.38 %.

01 August 20231 CVE = 41.12 KHR
02 August 20231 CVE = 41.05 KHR
03 August 20231 CVE = 40.23 KHR
04 August 20231 CVE = 40.98 KHR
07 August 20231 CVE = 40.14 KHR
08 August 20231 CVE = 40.13 KHR
09 August 20231 CVE = 40.16 KHR
10 August 20231 CVE = 40.25 KHR
11 August 20231 CVE = 40.44 KHR
12 August 20231 CVE = 41.07 KHR
14 August 20231 CVE = 40.32 KHR
15 August 20231 CVE = 40.79 KHR
16 August 20231 CVE = 40.82 KHR
17 August 20231 CVE = 40.87 KHR
18 August 20231 CVE = 40.67 KHR
19 August 20231 CVE = 40.69 KHR
20 August 20231 CVE = 40.69 KHR
21 August 20231 CVE = 39.84 KHR
22 August 20231 CVE = 40.79 KHR
23 August 20231 CVE = 40.68 KHR
24 August 20231 CVE = 40.68 KHR
25 August 20231 CVE = 40.62 KHR
28 August 20231 CVE = 39.78 KHR
29 August 20231 CVE = 39.80 KHR
30 August 20231 CVE = 39.79 KHR
31 August 20231 CVE = 40.14 KHR

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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