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

Cape Verdean escudo egyptian pound history for October 2023. The highest quote for this month is 0.29807 (24/10/2023) and the lowest 0.29822 (24/10/2023). The difference between high and low is -0.05.

CVE EGP average rate for October 2023 is 0.2959, the change between 01/10/2023 and 31/10/2023 is -0.16 %.

01 October 2023	1 CVE = 0.2963 EGP
02 October 2023	1 CVE = 0.2977 EGP
03 October 2023	1 CVE = 0.2943 EGP
04 October 2023	1 CVE = 0.2934 EGP
05 October 2023	1 CVE = 0.2931 EGP
06 October 2023	1 CVE = 0.2944 EGP
07 October 2023	1 CVE = 0.2953 EGP
09 October 2023	1 CVE = 0.2955 EGP
10 October 2023	1 CVE = 0.2948 EGP
11 October 2023	1 CVE = 0.2966 EGP
12 October 2023	1 CVE = 0.2976 EGP
13 October 2023	1 CVE = 0.2955 EGP
16 October 2023	1 CVE = 0.2940 EGP
17 October 2023	1 CVE = 0.2956 EGP
18 October 2023	1 CVE = 0.2960 EGP
19 October 2023	1 CVE = 0.2957 EGP
20 October 2023	1 CVE = 0.2960 EGP
21 October 2023	1 CVE = 0.2964 EGP
22 October 2023	1 CVE = 0.2964 EGP
23 October 2023	1 CVE = 0.2969 EGP
24 October 2023	1 CVE = 0.2990 EGP
25 October 2023	1 CVE = 0.2992 EGP
26 October 2023	1 CVE = 0.2962 EGP
27 October 2023	1 CVE = 0.2963 EGP
29 October 2023	1 CVE = 0.2958 EGP
30 October 2023	1 CVE = 0.2949 EGP
31 October 2023	1 CVE = 0.2968 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