Cape Verdean escudo egyptian pound exchange rate history (CVE EGP) August 2023

Cape Verdean escudo egyptian pound history for August 2023. The highest quote for this month is 0.308 (07/08/2023) and the lowest 0.30754 (10/08/2023). The difference between high and low is 0.15.

CVE EGP average rate for August 2023 is 0.30552, the change between 01/08/2023 and 31/08/2023 is +1.12 %.

01 August 2023	1 CVE = 0.3082 EGP
02 August 2023	1 CVE = 0.3075 EGP
03 August 2023	1 CVE = 0.3070 EGP
04 August 2023	1 CVE = 0.3071 EGP
07 August 2023	1 CVE = 0.3073 EGP
08 August 2023	1 CVE = 0.3074 EGP
09 August 2023	1 CVE = 0.3067 EGP
10 August 2023	1 CVE = 0.3073 EGP
11 August 2023	1 CVE = 0.3087 EGP
12 August 2023	1 CVE = 0.3072 EGP
14 August 2023	1 CVE = 0.3080 EGP
15 August 2023	1 CVE = 0.3053 EGP
16 August 2023	1 CVE = 0.3056 EGP
17 August 2023	1 CVE = 0.3058 EGP
18 August 2023	1 CVE = 0.3043 EGP
19 August 2023	1 CVE = 0.3039 EGP
20 August 2023	1 CVE = 0.3044 EGP
21 August 2023	1 CVE = 0.3035 EGP
22 August 2023	1 CVE = 0.3047 EGP
23 August 2023	1 CVE = 0.3037 EGP
24 August 2023	1 CVE = 0.3037 EGP
25 August 2023	1 CVE = 0.3033 EGP
28 August 2023	1 CVE = 0.3024 EGP
29 August 2023	1 CVE = 0.3027 EGP
30 August 2023	1 CVE = 0.3031 EGP
31 August 2023	1 CVE = 0.3047 EGP

03/11/2020: Economic Impact of COVID-19

The COVID-19 pandemic caused economic disruptions globally, affecting the Egyptian Pound's exchange rate and foreign reserves.

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.

14/11/1999: Liberalization of Exchange Rate

The Egyptian government implemented a managed float exchange rate system, allowing the Pound to fluctuate based on market forces.

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.

12/08/1987: Introduction of New Egyptian Pound

A new Egyptian Pound banknote was introduced to combat counterfeiting and improve security features.

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.

14/09/1962: Devaluation of the Pound

The Egyptian government devalued the Pound by 55%, leading to a significant decrease in its value.

23/07/1952: Overthrow of the Monarchy

The Egyptian monarchy was overthrown, leading to political and economic changes that affected the value of the Egyptian Pound.

02/05/1885: Establishment of Central Bank of Egypt

The Central Bank of Egypt was established to regulate the currency and banking system in Egypt.

29/07/1834: Introduction of Egyptian Pound

The Egyptian Pound was introduced as the official currency of Egypt, replacing the piastre.

Historic Cape Verdean escudo Egyptian Pound