Cape Verdean escudo guyanese dollar exchange rate history (CVE GYD) December 2023

Cape Verdean escudo guyanese dollar history for December 2023. The highest quote for this month is 2.0725 (23/12/2023) and the lowest 2.085 (24/12/2023). The difference between high and low is -0.6.

CVE GYD average rate for December 2023 is 1.99934, the change between 01/12/2023 and 31/12/2023 is -1.91 %.

01 December 2023	1 CVE = 1.981 GYD
02 December 2023	1 CVE = 2.053 GYD
03 December 2023	1 CVE = 2.053 GYD
04 December 2023	1 CVE = 1.977 GYD
05 December 2023	1 CVE = 1.968 GYD
06 December 2023	1 CVE = 1.959 GYD
07 December 2023	1 CVE = 1.957 GYD
08 December 2023	1 CVE = 1.960 GYD
10 December 2023	1 CVE = 2.030 GYD
11 December 2023	1 CVE = 1.957 GYD
12 December 2023	1 CVE = 1.956 GYD
13 December 2023	1 CVE = 1.960 GYD
14 December 2023	1 CVE = 1.955 GYD
15 December 2023	1 CVE = 1.944 GYD
16 December 2023	1 CVE = 2.061 GYD
17 December 2023	1 CVE = 2.061 GYD
18 December 2023	1 CVE = 1.992 GYD
19 December 2023	1 CVE = 1.980 GYD
20 December 2023	1 CVE = 1.993 GYD
21 December 2023	1 CVE = 1.992 GYD
22 December 2023	1 CVE = 1.995 GYD
23 December 2023	1 CVE = 2.073 GYD
24 December 2023	1 CVE = 2.081 GYD
25 December 2023	1 CVE = 2.001 GYD
26 December 2023	1 CVE = 2.000 GYD
27 December 2023	1 CVE = 2.007 GYD
28 December 2023	1 CVE = 2.019 GYD
29 December 2023	1 CVE = 2.019 GYD

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.

01/01/2020: Transition to Polymer Banknotes

Polymer banknotes were introduced in Guyana, enhancing the durability and security features of the Guyanese dollar.

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.

03/02/2003: Redenomination of the Currency

The Guyanese dollar underwent a redenomination, with old banknotes replaced by new notes at a rate of 1,000 old dollars to 1 new dollar.

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.

05/10/1992: Resumption of Banking System

The resumption of the banking system in Guyana significantly improved the stability and accessibility of the Guyanese dollar.

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.

26/05/1966: Independence of Guyana

Following Guyana's independence from Britain, the currency was renamed from British Guiana dollar to Guyanese dollar.

12/09/1951: Currency Board Established

A Currency Board was established to manage the British Guiana dollar, ensuring its stability and convertibility.

06/08/1917: Currency Act of 1917

The British Guiana dollar was revalued at a rate of 4.80 dollars to 1 U.S. dollar, following the Currency Act of 1917.

18/01/1839: Introduction of the British Guiana dollar

British Guiana dollar introduced as the official currency of British Guiana, replacing the Spanish and Portuguese coins previously in circulation.

Historic Cape Verdean escudo Guyanese dollar