Historic Cape Verdean escudo Omani rial

Cape Verdean escudo omani rial history for October 2023. The highest quote for this month is 0.003698 (12/10/2023) and the lowest 0.003715 (24/10/2023). The difference between high and low is -0.46.

CVE OMR average rate for October 2023 is 0.00368, the change between 01/10/2023 and 31/10/2023 is +0.27 %.

01 October 20231 CVE = 0.0037 OMR
02 October 20231 CVE = 0.0037 OMR
03 October 20231 CVE = 0.0037 OMR
04 October 20231 CVE = 0.0036 OMR
05 October 20231 CVE = 0.0037 OMR
06 October 20231 CVE = 0.0037 OMR
07 October 20231 CVE = 0.0037 OMR
09 October 20231 CVE = 0.0037 OMR
10 October 20231 CVE = 0.0037 OMR
11 October 20231 CVE = 0.0037 OMR
12 October 20231 CVE = 0.0037 OMR
13 October 20231 CVE = 0.0037 OMR
16 October 20231 CVE = 0.0035 OMR
17 October 20231 CVE = 0.0037 OMR
18 October 20231 CVE = 0.0037 OMR
19 October 20231 CVE = 0.0037 OMR
20 October 20231 CVE = 0.0037 OMR
21 October 20231 CVE = 0.0037 OMR
22 October 20231 CVE = 0.0037 OMR
23 October 20231 CVE = 0.0037 OMR
24 October 20231 CVE = 0.0037 OMR
25 October 20231 CVE = 0.0037 OMR
26 October 20231 CVE = 0.0037 OMR
27 October 20231 CVE = 0.0037 OMR
29 October 20231 CVE = 0.0037 OMR
30 October 20231 CVE = 0.0037 OMR
31 October 20231 CVE = 0.0037 OMR

16/03/2021: New 5 Rial Polymer Banknote Introduced

A new polymer banknote with a denomination of 5 rials was introduced, enhancing durability and security features of the currency.

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.

01/01/2005: Decimalization of the escudo

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

15/01/2003: New Omani Rial Banknotes Issued

New series of Omani rial banknotes were introduced, featuring enhanced security features and updated designs.

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.

12/06/1994: Smaller Denomination Coins Issued

Small denomination coins, including 5, 10, 25, and 50 baisa coins, were issued in order to facilitate everyday transactions.

17/03/1986: 200 Baisa Coin Introduced

A new 200 baisa coin was introduced, becoming the highest denomination coin in circulation at that time.

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.

11/11/1975: 1/8 Rial Copper-Nickel Coin Introduced

A new 1/8 rial coin made of copper-nickel was introduced, representing a fractional value of the rial currency.

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.

02/03/1973: Rial Oman Pegged to US Dollar

The Omani rial was officially pegged to the United States dollar, with an exchange rate of 1 OMR = 2.895 USD.

27/07/1970: Rial Oman is Introduced

The Omani rial was introduced, replacing the Gulf rupee at a rate of 1 rial = 2.6008 rupees.
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