Historic Cape Verdean escudo Macedonian Denar

Cape Verdean escudo macedonian denar history for January 2024. The highest quote for this month is 0.55894 (07/01/2024) and the lowest 0.55894 (07/01/2024). The difference between high and low is 0.

CVE MKD average rate for January 2024 is 0.55441, the change between 01/01/2024 and 31/01/2024 is +0.02 %.

01 January 20241 CVE = 0.5547 MKD
02 January 20241 CVE = 0.5544 MKD
03 January 20241 CVE = 0.5598 MKD
04 January 20241 CVE = 0.5561 MKD
05 January 20241 CVE = 0.5537 MKD
06 January 20241 CVE = 0.5589 MKD
07 January 20241 CVE = 0.5589 MKD
08 January 20241 CVE = 0.5489 MKD
09 January 20241 CVE = 0.5546 MKD
10 January 20241 CVE = 0.5541 MKD
11 January 20241 CVE = 0.5537 MKD
12 January 20241 CVE = 0.5535 MKD
14 January 20241 CVE = 0.5555 MKD
15 January 20241 CVE = 0.5539 MKD
16 January 20241 CVE = 0.5543 MKD
17 January 20241 CVE = 0.5538 MKD
18 January 20241 CVE = 0.5537 MKD
19 January 20241 CVE = 0.5539 MKD
22 January 20241 CVE = 0.5489 MKD
23 January 20241 CVE = 0.5548 MKD
24 January 20241 CVE = 0.5538 MKD
25 January 20241 CVE = 0.5547 MKD
26 January 20241 CVE = 0.5554 MKD
28 January 20241 CVE = 0.5574 MKD
29 January 20241 CVE = 0.5498 MKD
30 January 20241 CVE = 0.5535 MKD
31 January 20241 CVE = 0.5546 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
CVE MKD July 2024
CVE MKD August 2024
CVE MKD September 2024
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CVE MKD December 2024
CVE MKD January 2025