Cape Verdean escudo somali shilling history for September 2023. The highest quote for this month is 5.5631 (01/09/2023) and the lowest 5.5574 (01/09/2023). The difference between high and low is 0.1.
CVE SOS average rate for September 2023 is 5.48521, the change between 01/09/2023 and 30/09/2023 is +2.78 %.
| 01 September 2023 | 1 CVE = 5.57 SOS |
| 04 September 2023 | 1 CVE = 5.53 SOS |
| 05 September 2023 | 1 CVE = 5.53 SOS |
| 06 September 2023 | 1 CVE = 5.49 SOS |
| 07 September 2023 | 1 CVE = 5.49 SOS |
| 08 September 2023 | 1 CVE = 5.49 SOS |
| 11 September 2023 | 1 CVE = 5.50 SOS |
| 12 September 2023 | 1 CVE = 5.52 SOS |
| 13 September 2023 | 1 CVE = 5.51 SOS |
| 14 September 2023 | 1 CVE = 5.51 SOS |
| 15 September 2023 | 1 CVE = 5.46 SOS |
| 18 September 2023 | 1 CVE = 5.48 SOS |
| 19 September 2023 | 1 CVE = 5.49 SOS |
| 20 September 2023 | 1 CVE = 5.49 SOS |
| 21 September 2023 | 1 CVE = 5.50 SOS |
| 22 September 2023 | 1 CVE = 5.47 SOS |
| 25 September 2023 | 1 CVE = 5.48 SOS |
| 26 September 2023 | 1 CVE = 5.44 SOS |
| 27 September 2023 | 1 CVE = 5.43 SOS |
| 28 September 2023 | 1 CVE = 5.40 SOS |
| 29 September 2023 | 1 CVE = 5.42 SOS |
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.