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 2023 | 1 CVE = 24.50 TZS |
02 August 2023 | 1 CVE = 24.45 TZS |
03 August 2023 | 1 CVE = 24.41 TZS |
04 August 2023 | 1 CVE = 24.58 TZS |
07 August 2023 | 1 CVE = 24.86 TZS |
08 August 2023 | 1 CVE = 24.64 TZS |
09 August 2023 | 1 CVE = 24.59 TZS |
10 August 2023 | 1 CVE = 24.89 TZS |
11 August 2023 | 1 CVE = 24.95 TZS |
12 August 2023 | 1 CVE = 24.84 TZS |
14 August 2023 | 1 CVE = 24.83 TZS |
15 August 2023 | 1 CVE = 24.79 TZS |
16 August 2023 | 1 CVE = 24.81 TZS |
17 August 2023 | 1 CVE = 24.72 TZS |
18 August 2023 | 1 CVE = 24.70 TZS |
19 August 2023 | 1 CVE = 24.62 TZS |
20 August 2023 | 1 CVE = 24.62 TZS |
21 August 2023 | 1 CVE = 24.74 TZS |
22 August 2023 | 1 CVE = 24.72 TZS |
23 August 2023 | 1 CVE = 24.64 TZS |
24 August 2023 | 1 CVE = 24.55 TZS |
25 August 2023 | 1 CVE = 24.61 TZS |
28 August 2023 | 1 CVE = 24.44 TZS |
29 August 2023 | 1 CVE = 24.51 TZS |
30 August 2023 | 1 CVE = 24.51 TZS |
31 August 2023 | 1 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.