Cape Verdean escudo thai baht exchange rate history (CVE THB) February 2024

Cape Verdean escudo thai baht history for February 2024. The highest quote for this month is 0.35459 (23/02/2024) and the lowest 0.35265 (24/02/2024). The difference between high and low is 0.55.

CVE THB average rate for February 2024 is 0.35083, the change between 01/02/2024 and 29/02/2024 is -0.91 %.

01 February 2024	1 CVE = 0.3502 THB
02 February 2024	1 CVE = 0.3473 THB
03 February 2024	1 CVE = 0.3482 THB
04 February 2024	1 CVE = 0.3480 THB
05 February 2024	1 CVE = 0.3480 THB
06 February 2024	1 CVE = 0.3484 THB
07 February 2024	1 CVE = 0.3465 THB
08 February 2024	1 CVE = 0.3465 THB
09 February 2024	1 CVE = 0.3501 THB
12 February 2024	1 CVE = 0.3508 THB
13 February 2024	1 CVE = 0.3507 THB
14 February 2024	1 CVE = 0.3505 THB
15 February 2024	1 CVE = 0.3509 THB
16 February 2024	1 CVE = 0.3516 THB
17 February 2024	1 CVE = 0.3509 THB
18 February 2024	1 CVE = 0.3525 THB
19 February 2024	1 CVE = 0.3513 THB
20 February 2024	1 CVE = 0.3531 THB
21 February 2024	1 CVE = 0.3528 THB
22 February 2024	1 CVE = 0.3517 THB
23 February 2024	1 CVE = 0.3530 THB
24 February 2024	1 CVE = 0.3527 THB
25 February 2024	1 CVE = 0.3540 THB
26 February 2024	1 CVE = 0.3532 THB
27 February 2024	1 CVE = 0.3535 THB
28 February 2024	1 CVE = 0.3530 THB
29 February 2024	1 CVE = 0.3534 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.

Historic Cape Verdean escudo Thai baht