Historic Cape Verdean escudo Macedonian Denar

Cape Verdean escudo macedonian denar history for February 2024. The highest quote for this month is 0.55807 (13/02/2024) and the lowest 0.55806 (24/02/2024). The difference between high and low is 0.

CVE MKD average rate for February 2024 is 0.55433, the change between 01/02/2024 and 29/02/2024 is +0.47 %.

01 February 20241 CVE = 0.5573 MKD
02 February 20241 CVE = 0.5534 MKD
03 February 20241 CVE = 0.5559 MKD
04 February 20241 CVE = 0.5559 MKD
05 February 20241 CVE = 0.5489 MKD
06 February 20241 CVE = 0.5539 MKD
07 February 20241 CVE = 0.5543 MKD
08 February 20241 CVE = 0.5536 MKD
09 February 20241 CVE = 0.5545 MKD
12 February 20241 CVE = 0.5498 MKD
13 February 20241 CVE = 0.5543 MKD
14 February 20241 CVE = 0.5550 MKD
15 February 20241 CVE = 0.5539 MKD
16 February 20241 CVE = 0.5540 MKD
17 February 20241 CVE = 0.5561 MKD
18 February 20241 CVE = 0.5561 MKD
19 February 20241 CVE = 0.5547 MKD
20 February 20241 CVE = 0.5547 MKD
21 February 20241 CVE = 0.5504 MKD
22 February 20241 CVE = 0.5548 MKD
23 February 20241 CVE = 0.5553 MKD
24 February 20241 CVE = 0.5581 MKD
25 February 20241 CVE = 0.5581 MKD
26 February 20241 CVE = 0.5498 MKD
27 February 20241 CVE = 0.5546 MKD
28 February 20241 CVE = 0.5548 MKD
29 February 20241 CVE = 0.5547 MKD

01/07/2020: Euro as legal tender

North Macedonia officially adopted the Euro as its currency, replacing the Macedonian Denar for all monetary transactions.

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.

15/05/2018: Denar's symbol adoption

The official symbol for the Macedonian Denar (den) was adopted, representing the currency in both domestic and international transactions.

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.

10/10/2005: Denar's full Euro peg

The Macedonian Denar was fully pegged to the Euro at a fixed exchange rate of 61.5 Denars to 1 Euro.

01/01/2005: Decimalization of the escudo

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

29/04/2003: Replacement of banknotes

New series of banknotes with enhanced security features were introduced, replacing the older versions.

05/11/2001: Denar's devaluation

Due to the political crisis in Macedonia, the Denar underwent a significant devaluation, losing around 40% of its value against the Euro.

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.

15/05/1995: Denar's peg to the German Mark

The Macedonian Denar was pegged to the German Mark at a rate of 1 Denar to 1.5 Deutsche Mark, establishing a stable exchange rate.

26/11/1992: Introduction of the Macedonian Denar

The Macedonian Denar was introduced as the official currency of the Republic of Macedonia following its declaration of independence from Yugoslavia.

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.
CVE MKD January 2024
CVE MKD February 2024
CVE MKD March 2024
CVE MKD April 2024
CVE MKD May 2024
CVE MKD June 2024
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CVE MKD January 2025