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 2023 | 1 CVE = 24.05 TZS |
02 October 2023 | 1 CVE = 24.10 TZS |
03 October 2023 | 1 CVE = 23.91 TZS |
04 October 2023 | 1 CVE = 23.84 TZS |
05 October 2023 | 1 CVE = 23.91 TZS |
06 October 2023 | 1 CVE = 23.47 TZS |
07 October 2023 | 1 CVE = 24.04 TZS |
09 October 2023 | 1 CVE = 24.14 TZS |
10 October 2023 | 1 CVE = 24.02 TZS |
11 October 2023 | 1 CVE = 24.11 TZS |
12 October 2023 | 1 CVE = 24.18 TZS |
13 October 2023 | 1 CVE = 24.03 TZS |
16 October 2023 | 1 CVE = 23.88 TZS |
17 October 2023 | 1 CVE = 23.94 TZS |
18 October 2023 | 1 CVE = 24.02 TZS |
19 October 2023 | 1 CVE = 24.00 TZS |
20 October 2023 | 1 CVE = 24.07 TZS |
21 October 2023 | 1 CVE = 23.99 TZS |
22 October 2023 | 1 CVE = 23.99 TZS |
23 October 2023 | 1 CVE = 24.05 TZS |
24 October 2023 | 1 CVE = 24.22 TZS |
25 October 2023 | 1 CVE = 24.22 TZS |
26 October 2023 | 1 CVE = 24.00 TZS |
27 October 2023 | 1 CVE = 24.00 TZS |
29 October 2023 | 1 CVE = 23.91 TZS |
30 October 2023 | 1 CVE = 23.49 TZS |
31 October 2023 | 1 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.