Cape Verdean escudo kenyan shilling exchange rate history (CVE KES) December 2023

Cape Verdean escudo kenyan shilling history for December 2023. The highest quote for this month is 1.5729 (29/12/2023) and the lowest 1.5589 (29/12/2023). The difference between high and low is 0.89.

CVE KES average rate for December 2023 is 1.51734, the change between 01/12/2023 and 31/12/2023 is -3.82 %.

01 December 2023	1 CVE = 1.507 KES
02 December 2023	1 CVE = 1.509 KES
03 December 2023	1 CVE = 1.509 KES
04 December 2023	1 CVE = 1.492 KES
05 December 2023	1 CVE = 1.496 KES
06 December 2023	1 CVE = 1.492 KES
07 December 2023	1 CVE = 1.491 KES
08 December 2023	1 CVE = 1.501 KES
10 December 2023	1 CVE = 1.494 KES
11 December 2023	1 CVE = 1.499 KES
12 December 2023	1 CVE = 1.488 KES
13 December 2023	1 CVE = 1.492 KES
14 December 2023	1 CVE = 1.490 KES
15 December 2023	1 CVE = 1.481 KES
16 December 2023	1 CVE = 1.521 KES
17 December 2023	1 CVE = 1.521 KES
18 December 2023	1 CVE = 1.525 KES
19 December 2023	1 CVE = 1.516 KES
20 December 2023	1 CVE = 1.529 KES
21 December 2023	1 CVE = 1.532 KES
22 December 2023	1 CVE = 1.542 KES
23 December 2023	1 CVE = 1.547 KES
24 December 2023	1 CVE = 1.553 KES
25 December 2023	1 CVE = 1.533 KES
26 December 2023	1 CVE = 1.537 KES
27 December 2023	1 CVE = 1.552 KES
28 December 2023	1 CVE = 1.572 KES
29 December 2023	1 CVE = 1.565 KES

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.

01/10/2019: New Generation Banknotes

Kenya introduced a new series of banknotes with enhanced security features and design elements to fight illicit financial activities.

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.

01/07/2010: Introduction of New Currency Denominations

Kenya introduced new currency denominations, including the 1000 shilling note, to combat money laundering and illegal financial activities.

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.

14/09/1994: Transition to New Currency

Kenya introduced a new design of banknotes and coins to counter counterfeiting and promote national identity.

01/07/1985: Second Devaluation of the Shilling

The Kenyan shilling was further devalued by 30% as part of economic reforms and structural adjustments.

14/09/1980: Devaluation of the Shilling

The Kenyan shilling was devalued by 30% as part of an austerity measure to address the country's economic challenges.

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.

14/06/1969: Decimalization of the Shilling

Kenya decimalized its currency, dividing the shilling into 100 cents for easier transactions and financial calculations.

14/06/1966: Introduction of the Kenyan Shilling

The Kenyan shilling was introduced as the official currency of Kenya replacing the East African shilling as a result of Kenya's independence from British colonial rule.

Historic Cape Verdean escudo Kenyan shilling