Historic Cape Verdean escudo Iraqi dinar

Cape Verdean escudo iraqi dinar history for February 2024. The highest quote for this month is 12.868 (02/02/2024) and the lowest 12.859 (24/02/2024). The difference between high and low is 0.07.

CVE IQD average rate for February 2024 is 12.74419, the change between 01/02/2024 and 29/02/2024 is +2.41 %.

01 February 20241 CVE = 12.89 IQD
02 February 20241 CVE = 12.87 IQD
03 February 20241 CVE = 12.82 IQD
04 February 20241 CVE = 12.82 IQD
05 February 20241 CVE = 12.66 IQD
06 February 20241 CVE = 12.51 IQD
07 February 20241 CVE = 12.75 IQD
08 February 20241 CVE = 12.76 IQD
09 February 20241 CVE = 12.78 IQD
12 February 20241 CVE = 12.53 IQD
13 February 20241 CVE = 12.79 IQD
14 February 20241 CVE = 12.71 IQD
15 February 20241 CVE = 12.73 IQD
16 February 20241 CVE = 12.76 IQD
17 February 20241 CVE = 12.77 IQD
18 February 20241 CVE = 12.77 IQD
19 February 20241 CVE = 12.53 IQD
20 February 20241 CVE = 12.53 IQD
21 February 20241 CVE = 12.82 IQD
22 February 20241 CVE = 12.84 IQD
23 February 20241 CVE = 12.85 IQD
24 February 20241 CVE = 12.86 IQD
25 February 20241 CVE = 12.86 IQD
26 February 20241 CVE = 12.59 IQD
27 February 20241 CVE = 12.87 IQD
28 February 20241 CVE = 12.87 IQD
29 February 20241 CVE = 12.58 IQD

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.

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

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.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

01/01/2005: Decimalization of the escudo

The Cape Verdean escudo underwent a decimalization process, with the subdivision of 1 escudo into 100 centavos.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

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.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

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.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.
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