Historic Cape Verdean escudo Iranian Rial

Cape Verdean escudo iranian rial history for February 2024. The highest quote for this month is 413.43 (27/02/2024) and the lowest 414.48 (02/02/2024). The difference between high and low is -0.25.

CVE IRR average rate for February 2024 is 411.20852, the change between 01/02/2024 and 29/02/2024 is +0.21 %.

01 February 20241 CVE = 413.9 IRR
02 February 20241 CVE = 413.2 IRR
03 February 20241 CVE = 411.4 IRR
04 February 20241 CVE = 411.4 IRR
05 February 20241 CVE = 411.0 IRR
06 February 20241 CVE = 409.2 IRR
07 February 20241 CVE = 409.5 IRR
08 February 20241 CVE = 410.2 IRR
09 February 20241 CVE = 410.5 IRR
12 February 20241 CVE = 410.7 IRR
13 February 20241 CVE = 410.6 IRR
14 February 20241 CVE = 408.2 IRR
15 February 20241 CVE = 408.8 IRR
16 February 20241 CVE = 409.8 IRR
17 February 20241 CVE = 409.6 IRR
18 February 20241 CVE = 409.6 IRR
19 February 20241 CVE = 410.5 IRR
20 February 20241 CVE = 410.6 IRR
21 February 20241 CVE = 411.9 IRR
22 February 20241 CVE = 412.3 IRR
23 February 20241 CVE = 412.6 IRR
24 February 20241 CVE = 412.6 IRR
25 February 20241 CVE = 412.6 IRR
26 February 20241 CVE = 412.8 IRR
27 February 20241 CVE = 413.2 IRR
28 February 20241 CVE = 413.2 IRR
29 February 20241 CVE = 413.1 IRR

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.

23/02/2020: COVID-19 Pandemic's Impact on the Iranian Rial

The COVID-19 pandemic, along with economic challenges, caused further depreciation of the Iranian Rial (IRR) against major currencies.

10/04/2018: Revaluation of the Iranian Rial

Iran's government announced a new currency exchange rate, devaluing the Iranian Rial (IRR) against foreign currencies.

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.

24/09/2012: Imposition of International Sanctions on Iran

International sanctions were imposed on Iran, leading to a significant decline in the value of the Iranian Rial (IRR).

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.

24/05/1989: Introduction of the Two-Tier Exchange Rate System

Iran implemented a two-tier exchange rate system, with different rates for essential goods and non-essential imports.

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.

26/10/1975: Floating of the Iranian Rial

The Iranian Rial (IRR) was allowed to float against foreign currencies, marking the end of the fixed exchange rate system.

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.

01/09/1957: Decimalization of the Iranian Rial

The Iranian Rial (IRR) was decimalized, dividing one Toman into 10 Rials to simplify the currency system.

01/04/1932: Introduction of the Iranian Rial

The Iranian Rial (IRR) was introduced as the official currency of Iran after replacing the Qiran.
CVE IRR January 2024
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CVE IRR January 2025