Historic Cape Verdean escudo Nicaraguan córdoba

Cape Verdean escudo nicaraguan córdoba history for February 2024. The highest quote for this month is 0.35979 (23/02/2024) and the lowest 0.35977 (24/02/2024). The difference between high and low is 0.01.

CVE NIO average rate for February 2024 is 0.35736, the change between 01/02/2024 and 29/02/2024 is +0.94 %.

01 February 20241 CVE = 0.3599 NIO
02 February 20241 CVE = 0.3592 NIO
03 February 20241 CVE = 0.3587 NIO
04 February 20241 CVE = 0.3587 NIO
05 February 20241 CVE = 0.3572 NIO
06 February 20241 CVE = 0.3530 NIO
07 February 20241 CVE = 0.3558 NIO
08 February 20241 CVE = 0.3569 NIO
09 February 20241 CVE = 0.3569 NIO
12 February 20241 CVE = 0.3550 NIO
13 February 20241 CVE = 0.3568 NIO
14 February 20241 CVE = 0.3550 NIO
15 February 20241 CVE = 0.3557 NIO
16 February 20241 CVE = 0.3564 NIO
17 February 20241 CVE = 0.3571 NIO
18 February 20241 CVE = 0.3571 NIO
19 February 20241 CVE = 0.3552 NIO
20 February 20241 CVE = 0.3552 NIO
21 February 20241 CVE = 0.3583 NIO
22 February 20241 CVE = 0.3592 NIO
23 February 20241 CVE = 0.3600 NIO
24 February 20241 CVE = 0.3598 NIO
25 February 20241 CVE = 0.3598 NIO
26 February 20241 CVE = 0.3569 NIO
27 February 20241 CVE = 0.3591 NIO
28 February 20241 CVE = 0.3594 NIO
29 February 20241 CVE = 0.3565 NIO

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.

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.

20/11/2009: Resumption of issuing Córdoba coins

The Central Bank resumed issuing córdoba coins, reintroducing denominations of 10, 25, and 50 centavos, and 1 córdoba.

01/01/2005: Decimalization of the escudo

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

01/01/2001: Dollarization

Nicaragua adopted the US dollar as its official currency, effectively ending the era of the Nicaraguan córdoba as the national currency.

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.

04/07/1991: Currency control and unification

The government implemented currency control measures, unifying the exchange rate at 5 córdobas oro per US dollar.

25/04/1991: Córdoba Oro becomes legal tender

The Córdoba Oro was declared as the only legal tender in Nicaragua, replacing the old cordoba.

01/02/1988: Introduction of the Córdoba Oro Currencies

The government introduced the Córdoba Oro as a new currency, replacing the previous currency, with an initial rate of 1 córdoba oro = 1,000 córdobas.

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.

01/03/1932: Córdoba de Oro established

The Córdoba de Oro was introduced, replacing the previous córdoba at a rate of 10,000 to 1.

20/10/1912: Introduction of the Nicaraguan córdoba

The Nicaraguan córdoba was introduced as the official currency of Nicaragua, replacing the peso at a rate of 12.5 córdobas per US dollar.
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