Historic Cape Verdean escudo Egyptian Pound

Cape Verdean escudo egyptian pound history for January 2024. The highest quote for this month is 0.31032 (01/01/2024) and the lowest 0.30909 (01/01/2024). The difference between high and low is 0.4.

CVE EGP average rate for January 2024 is 0.30592, the change between 01/01/2024 and 31/01/2024 is +1.87 %.

01 January 20241 CVE = 0.3098 EGP
02 January 20241 CVE = 0.3106 EGP
03 January 20241 CVE = 0.3099 EGP
04 January 20241 CVE = 0.3068 EGP
05 January 20241 CVE = 0.3053 EGP
06 January 20241 CVE = 0.3072 EGP
07 January 20241 CVE = 0.3072 EGP
08 January 20241 CVE = 0.3036 EGP
09 January 20241 CVE = 0.3071 EGP
10 January 20241 CVE = 0.3062 EGP
11 January 20241 CVE = 0.3071 EGP
12 January 20241 CVE = 0.3072 EGP
14 January 20241 CVE = 0.3067 EGP
15 January 20241 CVE = 0.3072 EGP
16 January 20241 CVE = 0.3072 EGP
17 January 20241 CVE = 0.3045 EGP
18 January 20241 CVE = 0.3041 EGP
19 January 20241 CVE = 0.3045 EGP
22 January 20241 CVE = 0.3039 EGP
23 January 20241 CVE = 0.3052 EGP
24 January 20241 CVE = 0.3034 EGP
25 January 20241 CVE = 0.3052 EGP
26 January 20241 CVE = 0.3045 EGP
28 January 20241 CVE = 0.3049 EGP
29 January 20241 CVE = 0.3040 EGP
30 January 20241 CVE = 0.3027 EGP
31 January 20241 CVE = 0.3040 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.
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