Historic Cape Verdean escudo Tanzanian Shilling

Cape Verdean escudo tanzanian shilling history for August 2023. The highest quote for this month is 24.963 (11/08/2023) and the lowest 24.89 (10/08/2023). The difference between high and low is 0.29.

CVE TZS average rate for August 2023 is 24.66227, the change between 01/08/2023 and 31/08/2023 is -0.91 %.

01 August 20231 CVE = 24.50 TZS
02 August 20231 CVE = 24.45 TZS
03 August 20231 CVE = 24.41 TZS
04 August 20231 CVE = 24.58 TZS
07 August 20231 CVE = 24.86 TZS
08 August 20231 CVE = 24.64 TZS
09 August 20231 CVE = 24.59 TZS
10 August 20231 CVE = 24.89 TZS
11 August 20231 CVE = 24.95 TZS
12 August 20231 CVE = 24.84 TZS
14 August 20231 CVE = 24.83 TZS
15 August 20231 CVE = 24.79 TZS
16 August 20231 CVE = 24.81 TZS
17 August 20231 CVE = 24.72 TZS
18 August 20231 CVE = 24.70 TZS
19 August 20231 CVE = 24.62 TZS
20 August 20231 CVE = 24.62 TZS
21 August 20231 CVE = 24.74 TZS
22 August 20231 CVE = 24.72 TZS
23 August 20231 CVE = 24.64 TZS
24 August 20231 CVE = 24.55 TZS
25 August 20231 CVE = 24.61 TZS
28 August 20231 CVE = 24.44 TZS
29 August 20231 CVE = 24.51 TZS
30 August 20231 CVE = 24.51 TZS
31 August 20231 CVE = 24.72 TZS

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.