Historic Cape Verdean escudo Nicaraguan córdoba

Cape Verdean escudo nicaraguan córdoba history for January 2024. The highest quote for this month is 0.36588 (07/01/2024) and the lowest 0.36588 (06/01/2024). The difference between high and low is 0.

CVE NIO average rate for January 2024 is 0.36062, the change between 01/01/2024 and 31/01/2024 is +1.03 %.

01 January 20241 CVE = 0.3631 NIO
02 January 20241 CVE = 0.3631 NIO
03 January 20241 CVE = 0.3663 NIO
04 January 20241 CVE = 0.3627 NIO
05 January 20241 CVE = 0.3587 NIO
06 January 20241 CVE = 0.3659 NIO
07 January 20241 CVE = 0.3659 NIO
08 January 20241 CVE = 0.3580 NIO
09 January 20241 CVE = 0.3630 NIO
10 January 20241 CVE = 0.3583 NIO
11 January 20241 CVE = 0.3598 NIO
12 January 20241 CVE = 0.3599 NIO
14 January 20241 CVE = 0.3641 NIO
15 January 20241 CVE = 0.3591 NIO
16 January 20241 CVE = 0.3590 NIO
17 January 20241 CVE = 0.3572 NIO
18 January 20241 CVE = 0.3596 NIO
19 January 20241 CVE = 0.3601 NIO
22 January 20241 CVE = 0.3571 NIO
23 January 20241 CVE = 0.3609 NIO
24 January 20241 CVE = 0.3587 NIO
25 January 20241 CVE = 0.3612 NIO
26 January 20241 CVE = 0.3600 NIO
28 January 20241 CVE = 0.3612 NIO
29 January 20241 CVE = 0.3567 NIO
30 January 20241 CVE = 0.3578 NIO
31 January 20241 CVE = 0.3594 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.
CVE NIO January 2024
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