Historic Cape Verdean escudo Swedish krona

Cape Verdean escudo swedish krona history for January 2024. The highest quote for this month is 0.1037 (17/01/2024) and the lowest 0.10314 (19/01/2024). The difference between high and low is 0.54.

CVE SEK average rate for January 2024 is 0.10232, the change between 01/01/2024 and 31/01/2024 is -1.33 %.

01 January 20241 CVE = 0.1010 SEK
02 January 20241 CVE = 0.1007 SEK
03 January 20241 CVE = 0.1024 SEK
04 January 20241 CVE = 0.1021 SEK
05 January 20241 CVE = 0.1013 SEK
06 January 20241 CVE = 0.1024 SEK
07 January 20241 CVE = 0.1024 SEK
08 January 20241 CVE = 0.1018 SEK
09 January 20241 CVE = 0.1017 SEK
10 January 20241 CVE = 0.1016 SEK
11 January 20241 CVE = 0.1017 SEK
12 January 20241 CVE = 0.1019 SEK
15 January 20241 CVE = 0.1022 SEK
16 January 20241 CVE = 0.1026 SEK
17 January 20241 CVE = 0.1029 SEK
18 January 20241 CVE = 0.1029 SEK
19 January 20241 CVE = 0.1034 SEK
22 January 20241 CVE = 0.1033 SEK
23 January 20241 CVE = 0.1034 SEK
24 January 20241 CVE = 0.1030 SEK
25 January 20241 CVE = 0.1032 SEK
26 January 20241 CVE = 0.1029 SEK
29 January 20241 CVE = 0.1027 SEK
30 January 20241 CVE = 0.1024 SEK
31 January 20241 CVE = 0.1023 SEK

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.