Cape Verdean escudo ghana cedi exchange rate history (CVE GHS) January 2024

Cape Verdean escudo ghana cedi history for January 2024. The highest quote for this month is 0.12161 (29/01/2024) and the lowest 0.12115 (29/01/2024). The difference between high and low is 0.38.

CVE GHS average rate for January 2024 is 0.11897, the change between 01/01/2024 and 31/01/2024 is -0.89 %.

01 January 2024	1 CVE = 0.1200 GHS
02 January 2024	1 CVE = 0.1200 GHS
03 January 2024	1 CVE = 0.1194 GHS
04 January 2024	1 CVE = 0.1182 GHS
05 January 2024	1 CVE = 0.1181 GHS
06 January 2024	1 CVE = 0.1187 GHS
07 January 2024	1 CVE = 0.1187 GHS
08 January 2024	1 CVE = 0.1181 GHS
09 January 2024	1 CVE = 0.1184 GHS
10 January 2024	1 CVE = 0.1179 GHS
11 January 2024	1 CVE = 0.1184 GHS
12 January 2024	1 CVE = 0.1186 GHS
14 January 2024	1 CVE = 0.1184 GHS
15 January 2024	1 CVE = 0.1186 GHS
16 January 2024	1 CVE = 0.1189 GHS
17 January 2024	1 CVE = 0.1183 GHS
18 January 2024	1 CVE = 0.1174 GHS
19 January 2024	1 CVE = 0.1179 GHS
22 January 2024	1 CVE = 0.1193 GHS
23 January 2024	1 CVE = 0.1186 GHS
24 January 2024	1 CVE = 0.1177 GHS
25 January 2024	1 CVE = 0.1196 GHS
26 January 2024	1 CVE = 0.1193 GHS
28 January 2024	1 CVE = 0.1203 GHS
29 January 2024	1 CVE = 0.1218 GHS
30 January 2024	1 CVE = 0.1206 GHS
31 January 2024	1 CVE = 0.1210 GHS

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.

16/09/2019: Ghana Goes Cashless

The government launched the Ghana.Gov payment platform, aimed at promoting electronic payments and reducing cash transactions.

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.

05/07/2012: GHS Symbol Change

The Bank of Ghana introduced a new currency symbol for the cedi, changing it from GHȼ to GHS.

03/07/2007: Decimals Dropped

The Bank of Ghana dropped four decimal places, making 1 new Ghanaian cedi = 1 GHȼ.

01/01/2005: Decimalization of the escudo

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

01/07/2002: Replacement of New Cedi

The new Ghanaian cedi, denoted as GHC, replaced the second cedi at a rate of 1 cedi = 10,000 cedis.

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.

17/07/1978: Second Cedi Introduced

Due to high inflation, the second Ghanaian cedi was introduced with a new currency code, GHS.

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.

19/07/1965: Cedi Introduced

The Ghanaian pound was replaced by the Ghanaian cedi at a rate of 1 pound = 2.4 cedis, symbolizing economic independence.

06/03/1957: Ghana's Independence

Ghana gained independence from British colonial rule, leading to the introduction of the Ghanaian pound as its currency.

Historic Cape Verdean escudo Ghana Cedi