Cape Verdean escudo russian ruble exchange rate history (CVE RUB) February 2024

Cape Verdean escudo russian ruble history for February 2024. The highest quote for this month is 0.9305 (24/02/2024) and the lowest 0.9194 (24/02/2024). The difference between high and low is 1.19.

CVE RUB average rate for February 2024 is 0.89828, the change between 01/02/2024 and 29/02/2024 is -1.86 %.

01 February 2024	1 CVE = 0.8865 RUB
02 February 2024	1 CVE = 0.8894 RUB
03 February 2024	1 CVE = 0.8910 RUB
04 February 2024	1 CVE = 0.8911 RUB
05 February 2024	1 CVE = 0.8900 RUB
06 February 2024	1 CVE = 0.8865 RUB
07 February 2024	1 CVE = 0.8822 RUB
08 February 2024	1 CVE = 0.8839 RUB
09 February 2024	1 CVE = 0.8908 RUB
12 February 2024	1 CVE = 0.8934 RUB
13 February 2024	1 CVE = 0.8932 RUB
14 February 2024	1 CVE = 0.8892 RUB
15 February 2024	1 CVE = 0.8919 RUB
16 February 2024	1 CVE = 0.9002 RUB
17 February 2024	1 CVE = 0.8969 RUB
18 February 2024	1 CVE = 0.8962 RUB
19 February 2024	1 CVE = 0.9019 RUB
20 February 2024	1 CVE = 0.9039 RUB
21 February 2024	1 CVE = 0.9029 RUB
22 February 2024	1 CVE = 0.9038 RUB
23 February 2024	1 CVE = 0.9139 RUB
24 February 2024	1 CVE = 0.9194 RUB
25 February 2024	1 CVE = 0.9305 RUB
26 February 2024	1 CVE = 0.9144 RUB
27 February 2024	1 CVE = 0.9038 RUB
28 February 2024	1 CVE = 0.9038 RUB
29 February 2024	1 CVE = 0.9030 RUB

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.

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.