Historic Cape Verdean escudo Turkish Lira

Cape Verdean escudo turkish lira history for December 2023. The highest quote for this month is 0.29992 (29/12/2023) and the lowest 0.29591 (28/12/2023). The difference between high and low is 1.34.

CVE TRY average rate for December 2023 is 0.28697, the change between 01/12/2023 and 31/12/2023 is -3.55 %.

01 December 20231 CVE = 0.2860 TRY
02 December 20231 CVE = 0.2848 TRY
03 December 20231 CVE = 0.2849 TRY
04 December 20231 CVE = 0.2854 TRY
05 December 20231 CVE = 0.2841 TRY
06 December 20231 CVE = 0.2832 TRY
07 December 20231 CVE = 0.2829 TRY
08 December 20231 CVE = 0.2832 TRY
10 December 20231 CVE = 0.2819 TRY
11 December 20231 CVE = 0.2819 TRY
12 December 20231 CVE = 0.2828 TRY
13 December 20231 CVE = 0.2842 TRY
14 December 20231 CVE = 0.2835 TRY
15 December 20231 CVE = 0.2813 TRY
16 December 20231 CVE = 0.2871 TRY
17 December 20231 CVE = 0.2871 TRY
18 December 20231 CVE = 0.2853 TRY
19 December 20231 CVE = 0.2874 TRY
20 December 20231 CVE = 0.2897 TRY
21 December 20231 CVE = 0.2898 TRY
22 December 20231 CVE = 0.2900 TRY
23 December 20231 CVE = 0.2905 TRY
24 December 20231 CVE = 0.2921 TRY
25 December 20231 CVE = 0.2880 TRY
26 December 20231 CVE = 0.2926 TRY
27 December 20231 CVE = 0.2934 TRY
28 December 20231 CVE = 0.2962 TRY
29 December 20231 CVE = 0.2961 TRY

04/11/2021: Resignation of Central Bank Governor and Lira Volatility

Following the resignation of the Turkish Central Bank governor, the lira experiences significant volatility in the foreign exchange market.

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.

10/08/2018: Currency Crisis and Lira Depreciation

The Turkish lira suffers a severe depreciation due to escalating tensions with the United States and concerns over the Turkish economy.

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.

15/07/2016: Failed Coup Attempt and Lira Plunge

After a failed coup attempt, the value of the Turkish lira plunges as political instability increases.

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.

30/04/2008: Global Financial Crisis and Turkish Lira

The Turkish lira experiences a significant depreciation as a result of the global financial crisis.

01/01/2005: Decimalization of the escudo

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

01/01/2005: Introduction of New Turkish Lira (TRY)

Turkey introduces a new version of the Turkish lira, denoted as TRY, with a new currency symbol.

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.

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.

29/10/1930: Adoption of the New Turkish Lira

The Turkish government introduces the New Turkish Lira (Yeni Türk Lirası) to replace the old currency.

29/10/1923: Founding of the Republic of Turkey

The Turkish lira is officially established as the currency of the newly founded Turkish Republic.