Cape Verdean escudo guyanese dollar exchange rate history (CVE GYD) February 2024

Cape Verdean escudo guyanese dollar history for February 2024. The highest quote for this month is 2.043 (24/02/2024) and the lowest 2.043 (24/02/2024). The difference between high and low is 0.

CVE GYD average rate for February 2024 is 1.97592, the change between 01/02/2024 and 29/02/2024 is +0.27 %.

01 February 2024	1 CVE = 1.967 GYD
02 February 2024	1 CVE = 1.968 GYD
03 February 2024	1 CVE = 2.037 GYD
04 February 2024	1 CVE = 2.037 GYD
05 February 2024	1 CVE = 1.974 GYD
06 February 2024	1 CVE = 1.950 GYD
07 February 2024	1 CVE = 1.950 GYD
08 February 2024	1 CVE = 1.954 GYD
09 February 2024	1 CVE = 1.954 GYD
12 February 2024	1 CVE = 1.955 GYD
13 February 2024	1 CVE = 1.954 GYD
14 February 2024	1 CVE = 1.943 GYD
15 February 2024	1 CVE = 1.947 GYD
16 February 2024	1 CVE = 1.951 GYD
17 February 2024	1 CVE = 2.031 GYD
18 February 2024	1 CVE = 2.031 GYD
19 February 2024	1 CVE = 1.954 GYD
20 February 2024	1 CVE = 1.956 GYD
21 February 2024	1 CVE = 1.960 GYD
22 February 2024	1 CVE = 1.964 GYD
23 February 2024	1 CVE = 1.967 GYD
24 February 2024	1 CVE = 2.043 GYD
25 February 2024	1 CVE = 2.043 GYD
26 February 2024	1 CVE = 1.964 GYD
27 February 2024	1 CVE = 1.967 GYD
28 February 2024	1 CVE = 1.967 GYD
29 February 2024	1 CVE = 1.962 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