Cape Verdean escudo thai baht exchange rate history (CVE THB) October 2023

Cape Verdean escudo thai baht history for October 2023. The highest quote for this month is 0.35702 (07/10/2023) and the lowest 0.35412 (09/10/2023). The difference between high and low is 0.81.

CVE THB average rate for October 2023 is 0.34994, the change between 01/10/2023 and 31/10/2023 is +1.32 %.

01 October 2023	1 CVE = 0.3499 THB
02 October 2023	1 CVE = 0.3521 THB
03 October 2023	1 CVE = 0.3526 THB
04 October 2023	1 CVE = 0.3522 THB
05 October 2023	1 CVE = 0.3516 THB
06 October 2023	1 CVE = 0.3533 THB
07 October 2023	1 CVE = 0.3541 THB
09 October 2023	1 CVE = 0.3552 THB
10 October 2023	1 CVE = 0.3525 THB
11 October 2023	1 CVE = 0.3512 THB
12 October 2023	1 CVE = 0.3509 THB
13 October 2023	1 CVE = 0.3484 THB
16 October 2023	1 CVE = 0.3450 THB
17 October 2023	1 CVE = 0.3473 THB
18 October 2023	1 CVE = 0.3486 THB
19 October 2023	1 CVE = 0.3478 THB
20 October 2023	1 CVE = 0.3486 THB
21 October 2023	1 CVE = 0.3496 THB
22 October 2023	1 CVE = 0.3505 THB
23 October 2023	1 CVE = 0.3513 THB
24 October 2023	1 CVE = 0.3515 THB
25 October 2023	1 CVE = 0.3502 THB
26 October 2023	1 CVE = 0.3476 THB
27 October 2023	1 CVE = 0.3476 THB
29 October 2023	1 CVE = 0.3471 THB
30 October 2023	1 CVE = 0.3464 THB
31 October 2023	1 CVE = 0.3452 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