Cape Verdean escudo tanzanian shilling exchange rate history (CVE TZS) December 2023

Cape Verdean escudo tanzanian shilling history for December 2023. The highest quote for this month is 25.378 (28/12/2023) and the lowest 25.247 (27/12/2023). The difference between high and low is 0.52.

CVE TZS average rate for December 2023 is 24.73964, the change between 01/12/2023 and 31/12/2023 is -1.87 %.

01 December 2023	1 CVE = 24.80 TZS
02 December 2023	1 CVE = 24.73 TZS
03 December 2023	1 CVE = 24.73 TZS
04 December 2023	1 CVE = 24.30 TZS
05 December 2023	1 CVE = 24.61 TZS
06 December 2023	1 CVE = 24.49 TZS
07 December 2023	1 CVE = 24.54 TZS
08 December 2023	1 CVE = 24.54 TZS
10 December 2023	1 CVE = 24.43 TZS
11 December 2023	1 CVE = 24.04 TZS
12 December 2023	1 CVE = 24.46 TZS
13 December 2023	1 CVE = 24.49 TZS
14 December 2023	1 CVE = 24.50 TZS
15 December 2023	1 CVE = 24.42 TZS
16 December 2023	1 CVE = 24.77 TZS
17 December 2023	1 CVE = 24.77 TZS
18 December 2023	1 CVE = 24.47 TZS
19 December 2023	1 CVE = 24.79 TZS
20 December 2023	1 CVE = 25.05 TZS
21 December 2023	1 CVE = 25.03 TZS
22 December 2023	1 CVE = 25.06 TZS
23 December 2023	1 CVE = 24.97 TZS
24 December 2023	1 CVE = 25.07 TZS
25 December 2023	1 CVE = 24.70 TZS
26 December 2023	1 CVE = 25.15 TZS
27 December 2023	1 CVE = 25.22 TZS
28 December 2023	1 CVE = 25.37 TZS
29 December 2023	1 CVE = 25.26 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.