Historic Cape Verdean escudo Iraqi dinar

Cape Verdean escudo iraqi dinar history for January 2024. The highest quote for this month is 13.077 (07/01/2024) and the lowest 13.077 (07/01/2024). The difference between high and low is 0.

CVE IQD average rate for January 2024 is 12.87659, the change between 01/01/2024 and 31/01/2024 is +0.12 %.

01 January 20241 CVE = 12.88 IQD
02 January 20241 CVE = 12.88 IQD
03 January 20241 CVE = 13.12 IQD
04 January 20241 CVE = 12.99 IQD
05 January 20241 CVE = 12.98 IQD
06 January 20241 CVE = 13.08 IQD
07 January 20241 CVE = 13.08 IQD
08 January 20241 CVE = 12.70 IQD
09 January 20241 CVE = 13.01 IQD
10 January 20241 CVE = 12.72 IQD
11 January 20241 CVE = 13.02 IQD
12 January 20241 CVE = 12.77 IQD
14 January 20241 CVE = 13.01 IQD
15 January 20241 CVE = 12.74 IQD
16 January 20241 CVE = 12.73 IQD
17 January 20241 CVE = 12.67 IQD
18 January 20241 CVE = 12.90 IQD
19 January 20241 CVE = 12.91 IQD
22 January 20241 CVE = 12.66 IQD
23 January 20241 CVE = 12.93 IQD
24 January 20241 CVE = 12.86 IQD
25 January 20241 CVE = 12.93 IQD
26 January 20241 CVE = 12.90 IQD
28 January 20241 CVE = 12.91 IQD
29 January 20241 CVE = 12.65 IQD
30 January 20241 CVE = 12.82 IQD
31 January 20241 CVE = 12.86 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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