Cape Verdean escudo honduran lempira exchange rate history (CVE HNL) October 2023

Cape Verdean escudo honduran lempira history for October 2023. The highest quote for this month is 0.23665 (21/10/2023) and the lowest 0.23665 (21/10/2023). The difference between high and low is 0.

CVE HNL average rate for October 2023 is 0.23461, the change between 01/10/2023 and 31/10/2023 is -0.05 %.

01 October 2023	1 CVE = 0.2364 HNL
02 October 2023	1 CVE = 0.2328 HNL
03 October 2023	1 CVE = 0.2340 HNL
04 October 2023	1 CVE = 0.2331 HNL
05 October 2023	1 CVE = 0.2338 HNL
06 October 2023	1 CVE = 0.2348 HNL
07 October 2023	1 CVE = 0.2363 HNL
09 October 2023	1 CVE = 0.2316 HNL
10 October 2023	1 CVE = 0.2309 HNL
11 October 2023	1 CVE = 0.2358 HNL
12 October 2023	1 CVE = 0.2364 HNL
13 October 2023	1 CVE = 0.2346 HNL
16 October 2023	1 CVE = 0.2308 HNL
17 October 2023	1 CVE = 0.2349 HNL
18 October 2023	1 CVE = 0.2352 HNL
19 October 2023	1 CVE = 0.2317 HNL
20 October 2023	1 CVE = 0.2355 HNL
21 October 2023	1 CVE = 0.2367 HNL
22 October 2023	1 CVE = 0.2367 HNL
23 October 2023	1 CVE = 0.2324 HNL
24 October 2023	1 CVE = 0.2376 HNL
25 October 2023	1 CVE = 0.2374 HNL
26 October 2023	1 CVE = 0.2353 HNL
27 October 2023	1 CVE = 0.2353 HNL
29 October 2023	1 CVE = 0.2363 HNL
30 October 2023	1 CVE = 0.2318 HNL
31 October 2023	1 CVE = 0.2365 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.

Historic Cape Verdean escudo Honduran lempira