Historic Cape Verdean escudo Tanzanian Shilling

Cape Verdean escudo tanzanian shilling history for January 2024. The highest quote for this month is 25.14 (29/01/2024) and the lowest 25.165 (02/01/2024). The difference between high and low is -0.1.

CVE TZS average rate for January 2024 is 24.86585, the change between 01/01/2024 and 31/01/2024 is -0.78 %.

01 January 20241 CVE = 24.83 TZS
02 January 20241 CVE = 24.83 TZS
03 January 20241 CVE = 25.23 TZS
04 January 20241 CVE = 24.98 TZS
05 January 20241 CVE = 24.96 TZS
06 January 20241 CVE = 25.09 TZS
07 January 20241 CVE = 25.09 TZS
08 January 20241 CVE = 24.46 TZS
09 January 20241 CVE = 25.01 TZS
10 January 20241 CVE = 24.94 TZS
11 January 20241 CVE = 25.03 TZS
12 January 20241 CVE = 25.03 TZS
14 January 20241 CVE = 24.94 TZS
15 January 20241 CVE = 24.52 TZS
16 January 20241 CVE = 24.95 TZS
17 January 20241 CVE = 24.44 TZS
18 January 20241 CVE = 24.88 TZS
19 January 20241 CVE = 24.82 TZS
22 January 20241 CVE = 24.38 TZS
23 January 20241 CVE = 24.91 TZS
24 January 20241 CVE = 24.72 TZS
25 January 20241 CVE = 24.91 TZS
26 January 20241 CVE = 24.80 TZS
28 January 20241 CVE = 25.04 TZS
29 January 20241 CVE = 24.65 TZS
30 January 20241 CVE = 24.95 TZS
31 January 20241 CVE = 25.02 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.