Historic Cape Verdean escudo Tanzanian Shilling

Cape Verdean escudo tanzanian shilling history for October 2023. The highest quote for this month is 24.218 (12/10/2023) and the lowest 24.139 (31/10/2023). The difference between high and low is 0.33.

CVE TZS average rate for October 2023 is 23.98444, the change between 01/10/2023 and 31/10/2023 is +0.1 %.

01 October 20231 CVE = 24.05 TZS
02 October 20231 CVE = 24.10 TZS
03 October 20231 CVE = 23.91 TZS
04 October 20231 CVE = 23.84 TZS
05 October 20231 CVE = 23.91 TZS
06 October 20231 CVE = 23.47 TZS
07 October 20231 CVE = 24.04 TZS
09 October 20231 CVE = 24.14 TZS
10 October 20231 CVE = 24.02 TZS
11 October 20231 CVE = 24.11 TZS
12 October 20231 CVE = 24.18 TZS
13 October 20231 CVE = 24.03 TZS
16 October 20231 CVE = 23.88 TZS
17 October 20231 CVE = 23.94 TZS
18 October 20231 CVE = 24.02 TZS
19 October 20231 CVE = 24.00 TZS
20 October 20231 CVE = 24.07 TZS
21 October 20231 CVE = 23.99 TZS
22 October 20231 CVE = 23.99 TZS
23 October 20231 CVE = 24.05 TZS
24 October 20231 CVE = 24.22 TZS
25 October 20231 CVE = 24.22 TZS
26 October 20231 CVE = 24.00 TZS
27 October 20231 CVE = 24.00 TZS
29 October 20231 CVE = 23.91 TZS
30 October 20231 CVE = 23.49 TZS
31 October 20231 CVE = 24.02 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.