Cape Verdean escudo russian ruble history for July 2023. The highest quote for this month is 0.9327 (20/07/2023) and the lowest 0.9198 (19/07/2023). The difference between high and low is 1.38.
CVE RUB average rate for July 2023 is 0.90762, the change between 01/07/2023 and 31/07/2023 is -5.76 %.
| 03 July 2023 | 1 CVE = 0.8709 RUB |
| 04 July 2023 | 1 CVE = 0.8854 RUB |
| 05 July 2023 | 1 CVE = 0.8887 RUB |
| 06 July 2023 | 1 CVE = 0.8987 RUB |
| 07 July 2023 | 1 CVE = 0.9000 RUB |
| 10 July 2023 | 1 CVE = 0.9082 RUB |
| 11 July 2023 | 1 CVE = 0.9020 RUB |
| 12 July 2023 | 1 CVE = 0.9024 RUB |
| 13 July 2023 | 1 CVE = 0.9138 RUB |
| 14 July 2023 | 1 CVE = 0.9156 RUB |
| 17 July 2023 | 1 CVE = 0.9204 RUB |
| 18 July 2023 | 1 CVE = 0.9232 RUB |
| 19 July 2023 | 1 CVE = 0.9285 RUB |
| 20 July 2023 | 1 CVE = 0.9327 RUB |
| 21 July 2023 | 1 CVE = 0.9088 RUB |
| 24 July 2023 | 1 CVE = 0.9134 RUB |
| 25 July 2023 | 1 CVE = 0.9073 RUB |
| 26 July 2023 | 1 CVE = 0.9035 RUB |
| 27 July 2023 | 1 CVE = 0.9042 RUB |
| 28 July 2023 | 1 CVE = 0.9112 RUB |
| 31 July 2023 | 1 CVE = 0.9211 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.