Historic Cape Verdean escudo Taiwan dollar

Cape Verdean escudo taiwan dollar history for January 2024. The highest quote for this month is 0.31221 (17/01/2024) and the lowest 0.31117 (18/01/2024). The difference between high and low is 0.33.

CVE TWD average rate for January 2024 is 0.30864, the change between 01/01/2024 and 31/01/2024 is +0.41 %.

01 January 20241 CVE = 0.3076 TWD
02 January 20241 CVE = 0.3072 TWD
03 January 20241 CVE = 0.3097 TWD
04 January 20241 CVE = 0.3083 TWD
05 January 20241 CVE = 0.3082 TWD
06 January 20241 CVE = 0.3092 TWD
07 January 20241 CVE = 0.3092 TWD
08 January 20241 CVE = 0.3072 TWD
09 January 20241 CVE = 0.3055 TWD
10 January 20241 CVE = 0.3081 TWD
11 January 20241 CVE = 0.3096 TWD
12 January 20241 CVE = 0.3074 TWD
14 January 20241 CVE = 0.3089 TWD
15 January 20241 CVE = 0.3090 TWD
16 January 20241 CVE = 0.3100 TWD
17 January 20241 CVE = 0.3103 TWD
18 January 20241 CVE = 0.3108 TWD
19 January 20241 CVE = 0.3116 TWD
22 January 20241 CVE = 0.3101 TWD
23 January 20241 CVE = 0.3100 TWD
24 January 20241 CVE = 0.3086 TWD
25 January 20241 CVE = 0.3094 TWD
26 January 20241 CVE = 0.3088 TWD
28 January 20241 CVE = 0.3084 TWD
29 January 20241 CVE = 0.3081 TWD
30 January 20241 CVE = 0.3057 TWD
31 January 20241 CVE = 0.3064 TWD

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.

01/01/2005: New Taiwan dollar banknotes issued

New designs for Taiwan dollar banknotes are issued, featuring innovative security features and updated aesthetics to combat counterfeiting and improve the currency's image.

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.

30/04/1991: Foreign Exchange Control Act revised

Taiwan relaxes its foreign exchange controls, allowing more flexibility in the trading of the Taiwan dollar and promoting financial globalization.

15/07/1987: Lifting of martial law

The martial law, which had been in place in Taiwan since 1949, is lifted, marking a significant milestone towards the democratization and liberalization of the country.

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.

16/12/1971: Taiwan's expulsion from the UN

The United Nations General Assembly recognizes the People's Republic of China as the legitimate representative of China, leading to Taiwan's expulsion from the UN and international isolation.

03/03/1952: TWD pegged to the US Dollar

The Taiwan dollar is pegged to the US Dollar at a fixed exchange rate of 32 TWD to 1 USD, stabilizing its value and promoting economic growth.

10/12/1949: Chinese Civil War ends

The Chinese Communist Party establishes the People's Republic of China on the mainland, leading to the Nationalist government's retreat to Taiwan, taking the Taiwan dollar with them.

25/10/1945: Taiwan is restored to the Republic of China

After the end of World War II, Taiwan is returned to the Republic of China from Japan, and the Taiwan dollar becomes the official currency.