Historic Cape Verdean escudo Czech koruna

Cape Verdean escudo czech koruna history for January 2024. The highest quote for this month is 0.22629 (23/01/2024) and the lowest 0.22478 (07/01/2024). The difference between high and low is 0.67.

CVE CZK average rate for January 2024 is 0.22412, the change between 01/01/2024 and 31/01/2024 is -0.26 %.

01 January 20241 CVE = 0.2239 CZK
02 January 20241 CVE = 0.2239 CZK
03 January 20241 CVE = 0.2259 CZK
04 January 20241 CVE = 0.2239 CZK
05 January 20241 CVE = 0.2235 CZK
06 January 20241 CVE = 0.2248 CZK
07 January 20241 CVE = 0.2248 CZK
08 January 20241 CVE = 0.2225 CZK
09 January 20241 CVE = 0.2225 CZK
10 January 20241 CVE = 0.2228 CZK
11 January 20241 CVE = 0.2226 CZK
12 January 20241 CVE = 0.2234 CZK
14 January 20241 CVE = 0.2234 CZK
15 January 20241 CVE = 0.2239 CZK
16 January 20241 CVE = 0.2240 CZK
17 January 20241 CVE = 0.2240 CZK
18 January 20241 CVE = 0.2237 CZK
19 January 20241 CVE = 0.2246 CZK
22 January 20241 CVE = 0.2247 CZK
23 January 20241 CVE = 0.2250 CZK
24 January 20241 CVE = 0.2251 CZK
25 January 20241 CVE = 0.2253 CZK
26 January 20241 CVE = 0.2249 CZK
28 January 20241 CVE = 0.2247 CZK
29 January 20241 CVE = 0.2248 CZK
30 January 20241 CVE = 0.2245 CZK
31 January 20241 CVE = 0.2245 CZK

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.

05/04/2016: End of currency intervention

The Czech National Bank ended its currency intervention policy, allowing the koruna to float freely and be determined by market forces.

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.

06/11/2013: Currency intervention

The Czech National Bank implemented a currency intervention policy to weaken the koruna and stimulate the country's economy.

09/10/2008: Global financial crisis impact

The koruna experienced significant depreciation during the global financial crisis, reflecting the economic challenges faced by the Czech Republic.

30/04/2007: EU membership benefits

The Czech Republic became a member of the European Union's economic and monetary union, allowing for greater stability and cooperation for the koruna.

01/01/2005: Decimalization of the escudo

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

30/04/2004: EU Accession

The Czech Republic joined the European Union, paving the way for further integration of the koruna with European monetary policies.

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.

30/06/1993: Currency conversion

The Czech Republic adopted a new currency regime, shifting from a fixed exchange rate to a floating exchange rate for the koruna.

07/02/1993: Establishment of Czech koruna

The Czech koruna was introduced as the official currency of the Czech Republic following the dissolution of Czechoslovakia.

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.