Historic Cape Verdean escudo Rwandan franc

Cape Verdean escudo rwandan franc history for January 2024. The highest quote for this month is 12.621 (12/01/2024) and the lowest 12.543 (07/01/2024). The difference between high and low is 0.62.

CVE RWF average rate for January 2024 is 12.45519, the change between 01/01/2024 and 31/01/2024 is +0.98 %.

01 January 20241 CVE = 12.51 RWF
02 January 20241 CVE = 12.51 RWF
03 January 20241 CVE = 12.65 RWF
04 January 20241 CVE = 12.42 RWF
05 January 20241 CVE = 12.41 RWF
06 January 20241 CVE = 12.54 RWF
07 January 20241 CVE = 12.54 RWF
08 January 20241 CVE = 12.37 RWF
09 January 20241 CVE = 12.43 RWF
10 January 20241 CVE = 12.40 RWF
11 January 20241 CVE = 12.44 RWF
12 January 20241 CVE = 12.45 RWF
14 January 20241 CVE = 12.50 RWF
15 January 20241 CVE = 12.62 RWF
16 January 20241 CVE = 12.52 RWF
17 January 20241 CVE = 12.37 RWF
18 January 20241 CVE = 12.39 RWF
19 January 20241 CVE = 12.41 RWF
22 January 20241 CVE = 12.56 RWF
23 January 20241 CVE = 12.44 RWF
24 January 20241 CVE = 12.35 RWF
25 January 20241 CVE = 12.46 RWF
26 January 20241 CVE = 12.41 RWF
28 January 20241 CVE = 12.44 RWF
29 January 20241 CVE = 12.39 RWF
30 January 20241 CVE = 12.35 RWF
31 January 20241 CVE = 12.39 RWF

24/06/2020: Rwandan Franc Devaluation

The central bank of Rwanda announced a gradual devaluation of the Rwandan franc to enhance export competitiveness and stimulate economic growth.

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.

03/12/2008: New Currency Series

A new series of Rwandan franc banknotes was introduced, featuring updated security features and designs.

01/01/2005: Decimalization of the escudo

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

01/01/2004: East African Community

Rwanda joined the East African Community, leading to increased economic integration and cooperation within the region.

03/12/1998: Currency Redenomination

The Rwandan franc underwent a redenomination, with 100 old francs being replaced by 1 new franc.

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.

07/04/1995: Rwandan Genocide

The Rwandan Genocide began, causing economic instability and inflation for the Rwandan franc.

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.

01/12/1973: Currency Reform

A currency reform was implemented, introducing a new series of Rwandan franc banknotes.

25/06/1964: Introduction of the Rwandan Franc

The Rwandan franc was introduced as the official currency of Rwanda, replacing the East African shilling.
CVE RWF January 2024
CVE RWF February 2024
CVE RWF March 2024
CVE RWF April 2024
CVE RWF May 2024
CVE RWF June 2024
CVE RWF July 2024
CVE RWF August 2024
CVE RWF September 2024
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CVE RWF December 2024
CVE RWF January 2025