Historic Cape Verdean escudo Guatemalan quetzal

Cape Verdean escudo guatemalan quetzal history for December 2023. The highest quote for this month is 0.077851 (24/12/2023) and the lowest 0.078273 (24/12/2023). The difference between high and low is -0.54.

CVE GTQ average rate for December 2023 is 0.07603, the change between 01/12/2023 and 31/12/2023 is -1.85 %.

01 December 20231 CVE = 0.0757 GTQ
02 December 20231 CVE = 0.0772 GTQ
03 December 20231 CVE = 0.0772 GTQ
04 December 20231 CVE = 0.0756 GTQ
05 December 20231 CVE = 0.0752 GTQ
06 December 20231 CVE = 0.0749 GTQ
07 December 20231 CVE = 0.0748 GTQ
08 December 20231 CVE = 0.0749 GTQ
10 December 20231 CVE = 0.0763 GTQ
11 December 20231 CVE = 0.0747 GTQ
12 December 20231 CVE = 0.0747 GTQ
13 December 20231 CVE = 0.0748 GTQ
14 December 20231 CVE = 0.0747 GTQ
15 December 20231 CVE = 0.0741 GTQ
16 December 20231 CVE = 0.0775 GTQ
17 December 20231 CVE = 0.0775 GTQ
18 December 20231 CVE = 0.0760 GTQ
19 December 20231 CVE = 0.0756 GTQ
20 December 20231 CVE = 0.0760 GTQ
21 December 20231 CVE = 0.0760 GTQ
22 December 20231 CVE = 0.0760 GTQ
23 December 20231 CVE = 0.0778 GTQ
24 December 20231 CVE = 0.0782 GTQ
25 December 20231 CVE = 0.0764 GTQ
26 December 20231 CVE = 0.0763 GTQ
27 December 20231 CVE = 0.0766 GTQ
28 December 20231 CVE = 0.0771 GTQ
29 December 20231 CVE = 0.0771 GTQ

14/09/2020: Centenary of the Quetzal

The Guatemalan Quetzal celebrated its centenary, marking 100 years as the national currency of Guatemala.

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.

30/05/2011: New banknotes

New banknotes were introduced to incorporate modern security features and commemorate the 20th anniversary of Quetzal's reintroduction.

01/01/2005: Decimalization of the escudo

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

01/01/1998: 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.

09/02/1987: Quetzal devaluation

The Quetzal was devalued by 66% as part of an economic stabilization plan.

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.

13/09/1967: Decree Law 17-67

Decree Law 17-67 was enacted, establishing a fixed exchange rate between the Quetzal and the US dollar.

08/04/1951: Monetary Reform

Guatemala underwent a monetary reform, with the introduction of the Quetzal as the sole currency.

25/06/1946: The Quetzalé bill

The Quetzalé bill, equivalent to 1,000 Quetzales, was introduced to combat hyperinflation.

22/06/1925: Introduction of the Quetzal

The Guatemalan Quetzal was introduced as the official currency, replacing the Guatemalan peso.
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