Historic Cape Verdean escudo Thai baht

Cape Verdean escudo thai baht history for December 2023. The highest quote for this month is 0.35036 (13/12/2023) and the lowest 0.34839 (13/12/2023). The difference between high and low is 0.56.

CVE THB average rate for December 2023 is 0.34506, the change between 01/12/2023 and 31/12/2023 is +1.46 %.

01 December 20231 CVE = 0.3490 THB
02 December 20231 CVE = 0.3434 THB
03 December 20231 CVE = 0.3434 THB
04 December 20231 CVE = 0.3430 THB
05 December 20231 CVE = 0.3459 THB
06 December 20231 CVE = 0.3452 THB
07 December 20231 CVE = 0.3444 THB
08 December 20231 CVE = 0.3439 THB
10 December 20231 CVE = 0.3455 THB
11 December 20231 CVE = 0.3462 THB
12 December 20231 CVE = 0.3484 THB
13 December 20231 CVE = 0.3491 THB
14 December 20231 CVE = 0.3431 THB
15 December 20231 CVE = 0.3386 THB
16 December 20231 CVE = 0.3453 THB
17 December 20231 CVE = 0.3453 THB
18 December 20231 CVE = 0.3458 THB
19 December 20231 CVE = 0.3458 THB
20 December 20231 CVE = 0.3469 THB
21 December 20231 CVE = 0.3478 THB
22 December 20231 CVE = 0.3456 THB
23 December 20231 CVE = 0.3437 THB
24 December 20231 CVE = 0.3446 THB
25 December 20231 CVE = 0.3435 THB
26 December 20231 CVE = 0.3445 THB
27 December 20231 CVE = 0.3451 THB
28 December 20231 CVE = 0.3446 THB
29 December 20231 CVE = 0.3439 THB

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.

15/04/2019: Coronation of King Rama X

King Maha Vajiralongkorn's coronation ceremony took place, affirming stability and continuity in the monarchy.

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.

19/09/2006: 2006 Thai coup d'état

The military staged a coup overthrowing the government, causing political instability and affecting the currency.

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.

02/07/1997: Asian Financial Crisis

The Thai baht was devalued triggering the Asian financial crisis, resulting in economic recession and structural reforms.

01/01/1980: Currency Floatation

The Thai baht was shifted from a fixed to a floating exchange rate system, leading to increased volatility.

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.

14/10/1973: October 14 Uprising

A popular uprising against the military dictatorship led to political reforms and an increase in public participation.

01/01/1942: Japanese Occupation

During World War II, Thailand was occupied by Japan, leading to the introduction of Japanese-sponsored banknotes.

24/06/1932: Siamese Revolution

The Siamese Revolution resulted in the establishment of a constitutional monarchy, marking the beginning of political changes in Thailand.
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