Historic Cape Verdean escudo Tanzanian Shilling

Cape Verdean escudo tanzanian shilling history for February 2024. The highest quote for this month is 25.244 (09/02/2024) and the lowest 25.068 (27/02/2024). The difference between high and low is 0.7.

CVE TZS average rate for February 2024 is 24.78337, the change between 01/02/2024 and 29/02/2024 is +1.1 %.

01 February 20241 CVE = 24.83 TZS
02 February 20241 CVE = 25.04 TZS
03 February 20241 CVE = 24.67 TZS
04 February 20241 CVE = 24.67 TZS
05 February 20241 CVE = 24.47 TZS
06 February 20241 CVE = 24.78 TZS
07 February 20241 CVE = 24.81 TZS
08 February 20241 CVE = 24.85 TZS
09 February 20241 CVE = 24.67 TZS
12 February 20241 CVE = 24.21 TZS
13 February 20241 CVE = 24.98 TZS
14 February 20241 CVE = 24.73 TZS
15 February 20241 CVE = 24.67 TZS
16 February 20241 CVE = 24.83 TZS
17 February 20241 CVE = 24.71 TZS
18 February 20241 CVE = 24.71 TZS
19 February 20241 CVE = 24.38 TZS
20 February 20241 CVE = 24.93 TZS
21 February 20241 CVE = 24.95 TZS
22 February 20241 CVE = 24.98 TZS
23 February 20241 CVE = 25.00 TZS
24 February 20241 CVE = 24.99 TZS
25 February 20241 CVE = 24.99 TZS
26 February 20241 CVE = 24.59 TZS
27 February 20241 CVE = 25.09 TZS
28 February 20241 CVE = 25.09 TZS
29 February 20241 CVE = 24.56 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.