Cape Verdean escudo swedish krona history for October 2023. The highest quote for this month is 0.10765 (31/10/2023) and the lowest 0.10712 (31/10/2023). The difference between high and low is 0.49.
CVE SEK average rate for October 2023 is 0.10556, the change between 01/10/2023 and 31/10/2023 is -2.17 %.
02 October 2023 | 1 CVE = 0.1048 SEK |
03 October 2023 | 1 CVE = 0.1052 SEK |
04 October 2023 | 1 CVE = 0.1052 SEK |
05 October 2023 | 1 CVE = 0.1053 SEK |
06 October 2023 | 1 CVE = 0.1053 SEK |
09 October 2023 | 1 CVE = 0.1055 SEK |
10 October 2023 | 1 CVE = 0.1045 SEK |
11 October 2023 | 1 CVE = 0.1044 SEK |
12 October 2023 | 1 CVE = 0.1050 SEK |
13 October 2023 | 1 CVE = 0.1051 SEK |
16 October 2023 | 1 CVE = 0.1050 SEK |
17 October 2023 | 1 CVE = 0.1045 SEK |
18 October 2023 | 1 CVE = 0.1047 SEK |
19 October 2023 | 1 CVE = 0.1055 SEK |
20 October 2023 | 1 CVE = 0.1049 SEK |
23 October 2023 | 1 CVE = 0.1056 SEK |
24 October 2023 | 1 CVE = 0.1063 SEK |
25 October 2023 | 1 CVE = 0.1077 SEK |
26 October 2023 | 1 CVE = 0.1069 SEK |
27 October 2023 | 1 CVE = 0.1069 SEK |
30 October 2023 | 1 CVE = 0.1070 SEK |
31 October 2023 | 1 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.