Historic Cape Verdean escudo Swedish krona

Cape Verdean escudo swedish krona history for June 2023. The highest quote for this month is 0.10779 (29/06/2023) and the lowest 0.10666 (30/06/2023). The difference between high and low is 1.05.

CVE SEK average rate for June 2023 is 0.10573, the change between 01/06/2023 and 30/06/2023 is -2.26 %.

01 June 20231 CVE = 0.1047 SEK
02 June 20231 CVE = 0.1050 SEK
05 June 20231 CVE = 0.1052 SEK
06 June 20231 CVE = 0.1054 SEK
07 June 20231 CVE = 0.1058 SEK
08 June 20231 CVE = 0.1056 SEK
09 June 20231 CVE = 0.1057 SEK
12 June 20231 CVE = 0.1057 SEK
13 June 20231 CVE = 0.1054 SEK
14 June 20231 CVE = 0.1045 SEK
15 June 20231 CVE = 0.1054 SEK
16 June 20231 CVE = 0.1052 SEK
19 June 20231 CVE = 0.1058 SEK
20 June 20231 CVE = 0.1064 SEK
21 June 20231 CVE = 0.1068 SEK
22 June 20231 CVE = 0.1058 SEK
23 June 20231 CVE = 0.1062 SEK
26 June 20231 CVE = 0.1063 SEK
27 June 20231 CVE = 0.1059 SEK
28 June 20231 CVE = 0.1060 SEK
29 June 20231 CVE = 0.1064 SEK
30 June 20231 CVE = 0.1071 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.