Historic Cape Verdean escudo Russian ruble

Cape Verdean escudo russian ruble history for November 2023. The highest quote for this month is 0.9002 (06/11/2023) and the lowest 0.89434 (12/11/2023). The difference between high and low is 0.65.

CVE RUB average rate for November 2023 is 0.88587, the change between 01/11/2023 and 30/11/2023 is +1.09 %.

01 November 20231 CVE = 0.8936 RUB
02 November 20231 CVE = 0.8850 RUB
03 November 20231 CVE = 0.9007 RUB
06 November 20231 CVE = 0.8927 RUB
07 November 20231 CVE = 0.9010 RUB
08 November 20231 CVE = 0.8917 RUB
09 November 20231 CVE = 0.8923 RUB
10 November 20231 CVE = 0.8906 RUB
12 November 20231 CVE = 0.8943 RUB
13 November 20231 CVE = 0.8957 RUB
14 November 20231 CVE = 0.8920 RUB
15 November 20231 CVE = 0.8786 RUB
16 November 20231 CVE = 0.8801 RUB
17 November 20231 CVE = 0.8795 RUB
18 November 20231 CVE = 0.8766 RUB
19 November 20231 CVE = 0.8766 RUB
20 November 20231 CVE = 0.8847 RUB
21 November 20231 CVE = 0.8786 RUB
22 November 20231 CVE = 0.8742 RUB
23 November 20231 CVE = 0.8741 RUB
24 November 20231 CVE = 0.8729 RUB
26 November 20231 CVE = 0.8872 RUB
27 November 20231 CVE = 0.8863 RUB
28 November 20231 CVE = 0.8847 RUB
29 November 20231 CVE = 0.8849 RUB
30 November 20231 CVE = 0.8838 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.