Historic Cape Verdean escudo Macedonian Denar

Cape Verdean escudo macedonian denar history for November 2023. The highest quote for this month is 0.55802 (12/11/2023) and the lowest 0.55802 (12/11/2023). The difference between high and low is 0.

CVE MKD average rate for November 2023 is 0.55445, the change between 01/11/2023 and 30/11/2023 is -0.35 %.

01 November 20231 CVE = 0.5538 MKD
02 November 20231 CVE = 0.5528 MKD
03 November 20231 CVE = 0.5565 MKD
06 November 20231 CVE = 0.5547 MKD
07 November 20231 CVE = 0.5543 MKD
08 November 20231 CVE = 0.5537 MKD
09 November 20231 CVE = 0.5542 MKD
10 November 20231 CVE = 0.5571 MKD
12 November 20231 CVE = 0.5580 MKD
13 November 20231 CVE = 0.5497 MKD
14 November 20231 CVE = 0.5565 MKD
15 November 20231 CVE = 0.5452 MKD
16 November 20231 CVE = 0.5549 MKD
17 November 20231 CVE = 0.5550 MKD
18 November 20231 CVE = 0.5570 MKD
19 November 20231 CVE = 0.5570 MKD
20 November 20231 CVE = 0.5547 MKD
21 November 20231 CVE = 0.5538 MKD
22 November 20231 CVE = 0.5556 MKD
23 November 20231 CVE = 0.5558 MKD
24 November 20231 CVE = 0.5548 MKD
26 November 20231 CVE = 0.5567 MKD
27 November 20231 CVE = 0.5498 MKD
28 November 20231 CVE = 0.5547 MKD
29 November 20231 CVE = 0.5541 MKD
30 November 20231 CVE = 0.5557 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 August 2023
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