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 2024 | 1 CVE = 24.83 TZS |
02 January 2024 | 1 CVE = 24.83 TZS |
03 January 2024 | 1 CVE = 25.23 TZS |
04 January 2024 | 1 CVE = 24.98 TZS |
05 January 2024 | 1 CVE = 24.96 TZS |
06 January 2024 | 1 CVE = 25.09 TZS |
07 January 2024 | 1 CVE = 25.09 TZS |
08 January 2024 | 1 CVE = 24.46 TZS |
09 January 2024 | 1 CVE = 25.01 TZS |
10 January 2024 | 1 CVE = 24.94 TZS |
11 January 2024 | 1 CVE = 25.03 TZS |
12 January 2024 | 1 CVE = 25.03 TZS |
14 January 2024 | 1 CVE = 24.94 TZS |
15 January 2024 | 1 CVE = 24.52 TZS |
16 January 2024 | 1 CVE = 24.95 TZS |
17 January 2024 | 1 CVE = 24.44 TZS |
18 January 2024 | 1 CVE = 24.88 TZS |
19 January 2024 | 1 CVE = 24.82 TZS |
22 January 2024 | 1 CVE = 24.38 TZS |
23 January 2024 | 1 CVE = 24.91 TZS |
24 January 2024 | 1 CVE = 24.72 TZS |
25 January 2024 | 1 CVE = 24.91 TZS |
26 January 2024 | 1 CVE = 24.80 TZS |
28 January 2024 | 1 CVE = 25.04 TZS |
29 January 2024 | 1 CVE = 24.65 TZS |
30 January 2024 | 1 CVE = 24.95 TZS |
31 January 2024 | 1 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.