Historic Cape Verdean escudo Euro

Cape Verdean escudo euro history for January 2024. The highest quote for this month is 0.009127 (07/01/2024) and the lowest 0.009127 (07/01/2024). The difference between high and low is 0.

CVE EUR average rate for January 2024 is 0.00908, the change between 01/01/2024 and 31/01/2024 is +0.01 %.

01 January 20241 CVE = 0.0091 EUR
02 January 20241 CVE = 0.0091 EUR
03 January 20241 CVE = 0.0092 EUR
04 January 20241 CVE = 0.0091 EUR
05 January 20241 CVE = 0.0091 EUR
07 January 20241 CVE = 0.0091 EUR
08 January 20241 CVE = 0.0091 EUR
09 January 20241 CVE = 0.0091 EUR
10 January 20241 CVE = 0.0091 EUR
11 January 20241 CVE = 0.0091 EUR
12 January 20241 CVE = 0.0091 EUR
14 January 20241 CVE = 0.0091 EUR
15 January 20241 CVE = 0.0091 EUR
16 January 20241 CVE = 0.0091 EUR
17 January 20241 CVE = 0.0091 EUR
18 January 20241 CVE = 0.0091 EUR
19 January 20241 CVE = 0.0091 EUR
22 January 20241 CVE = 0.0091 EUR
23 January 20241 CVE = 0.0091 EUR
24 January 20241 CVE = 0.0091 EUR
25 January 20241 CVE = 0.0091 EUR
26 January 20241 CVE = 0.0091 EUR
28 January 20241 CVE = 0.0091 EUR
29 January 20241 CVE = 0.0091 EUR
30 January 20241 CVE = 0.0090 EUR
31 January 20241 CVE = 0.0091 EUR

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.

13/07/2015: Greek debt bailout agreement

A third bailout deal was reached between Greece and its creditors, avoiding a potential Greek exit from the Eurozone.

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.

02/05/2010: Greek debt crisis

Greece's financial crisis threatened the stability of the Eurozone, requiring massive bailout packages to prevent a default.

15/10/2008: Global financial crisis

The Euro faced significant economic challenges following the collapse of Lehman Brothers, leading to a recession in many Eurozone countries.

01/01/2005: Decimalization of the escudo

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

01/05/2004: Eurozone expansion

10 more countries joined the Eurozone, bringing the total number of participating countries to 24.

01/01/2002: Euro banknotes and coins

Physical banknotes and coins in Euro were introduced, replacing national currencies in 12 European countries.

01/01/1999: Introduction of the Euro

The Euro was officially introduced as an electronic currency for banking and financial 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.

07/02/1992: The Maastricht Treaty

The treaty was signed, which officially established the European Union and laid the groundwork for the creation of the Euro.

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.
CVE EUR January 2024
CVE EUR February 2024
CVE EUR March 2024
CVE EUR April 2024
CVE EUR May 2024
CVE EUR June 2024
CVE EUR July 2024
CVE EUR August 2024
CVE EUR September 2024
CVE EUR October 2024
CVE EUR November 2024
CVE EUR December 2024
CVE EUR January 2025