Historic Cape Verdean escudo Singapore dollar

Cape Verdean escudo singapore dollar history for November 2023. The highest quote for this month is 0.013311 (15/11/2023) and the lowest 0.013277 (15/11/2023). The difference between high and low is 0.26.

CVE SGD average rate for November 2023 is 0.01322, the change between 01/11/2023 and 30/11/2023 is -1.29 %.

01 November 20231 CVE = 0.0131 SGD
02 November 20231 CVE = 0.0131 SGD
03 November 20231 CVE = 0.0132 SGD
06 November 20231 CVE = 0.0132 SGD
07 November 20231 CVE = 0.0131 SGD
08 November 20231 CVE = 0.0131 SGD
09 November 20231 CVE = 0.0132 SGD
10 November 20231 CVE = 0.0132 SGD
12 November 20231 CVE = 0.0132 SGD
13 November 20231 CVE = 0.0132 SGD
14 November 20231 CVE = 0.0132 SGD
15 November 20231 CVE = 0.0131 SGD
16 November 20231 CVE = 0.0133 SGD
17 November 20231 CVE = 0.0133 SGD
18 November 20231 CVE = 0.0132 SGD
19 November 20231 CVE = 0.0132 SGD
20 November 20231 CVE = 0.0133 SGD
21 November 20231 CVE = 0.0133 SGD
22 November 20231 CVE = 0.0133 SGD
23 November 20231 CVE = 0.0133 SGD
24 November 20231 CVE = 0.0133 SGD
26 November 20231 CVE = 0.0133 SGD
27 November 20231 CVE = 0.0133 SGD
28 November 20231 CVE = 0.0133 SGD
29 November 20231 CVE = 0.0132 SGD
30 November 20231 CVE = 0.0133 SGD

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.

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

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.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.
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