Historic Cape Verdean escudo Honduran lempira

Cape Verdean escudo honduran lempira history for December 2023. The highest quote for this month is 0.24723 (28/12/2023) and the lowest 0.24643 (24/12/2023). The difference between high and low is 0.32.

CVE HNL average rate for December 2023 is 0.24174, the change between 01/12/2023 and 31/12/2023 is -2.51 %.

01 December 20231 CVE = 0.2398 HNL
02 December 20231 CVE = 0.2427 HNL
03 December 20231 CVE = 0.2427 HNL
04 December 20231 CVE = 0.2393 HNL
05 December 20231 CVE = 0.2408 HNL
06 December 20231 CVE = 0.2400 HNL
07 December 20231 CVE = 0.2372 HNL
08 December 20231 CVE = 0.2403 HNL
10 December 20231 CVE = 0.2399 HNL
11 December 20231 CVE = 0.2367 HNL
12 December 20231 CVE = 0.2396 HNL
13 December 20231 CVE = 0.2369 HNL
14 December 20231 CVE = 0.2396 HNL
15 December 20231 CVE = 0.2378 HNL
16 December 20231 CVE = 0.2439 HNL
17 December 20231 CVE = 0.2439 HNL
18 December 20231 CVE = 0.2408 HNL
19 December 20231 CVE = 0.2395 HNL
20 December 20231 CVE = 0.2441 HNL
21 December 20231 CVE = 0.2443 HNL
22 December 20231 CVE = 0.2451 HNL
23 December 20231 CVE = 0.2450 HNL
24 December 20231 CVE = 0.2460 HNL
25 December 20231 CVE = 0.2421 HNL
26 December 20231 CVE = 0.2420 HNL
27 December 20231 CVE = 0.2458 HNL
28 December 20231 CVE = 0.2472 HNL
29 December 20231 CVE = 0.2458 HNL

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.

07/10/2019: Modernization of Banknotes

The Honduran Central Bank launched new banknotes with enhanced security features and improved designs to deter counterfeiting.

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.

27/01/2009: Currency Crisis

Honduras faced a severe currency crisis due to political instability, causing a decline in the value of the Lempira.

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.

15/06/1997: Monetary Integration

Honduras became a member of the Central American Monetary Integration System, aiming to promote economic stability and regional cooperation.

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.

15/03/1967: Introduction of the New Lempira

A new design and denomination of the Lempira banknotes were introduced in order to combat counterfeiting.

03/09/1950: Devaluation of the Lempira

The Lempira experienced a significant devaluation, causing economic instability and inflation in Honduras.

11/10/1940: Monetary Reforms

Honduran government implemented monetary reforms to stabilize the Lempira and improve its value.

07/03/1931: Creation of the Lempira

The Honduran currency, the Lempira, was introduced to replace the Honduran peso as the official currency.
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