Historic Cape Verdean escudo Ugandan Shilling

Cape Verdean escudo ugandan shilling history for January 2024. The highest quote for this month is 37.836 (07/01/2024) and the lowest 37.836 (06/01/2024). The difference between high and low is 0.

CVE UGX average rate for January 2024 is 37.36133, the change between 01/01/2024 and 31/01/2024 is +1.24 %.

01 January 20241 CVE = 37.56 UGX
02 January 20241 CVE = 37.56 UGX
03 January 20241 CVE = 37.59 UGX
04 January 20241 CVE = 37.42 UGX
05 January 20241 CVE = 37.43 UGX
06 January 20241 CVE = 37.84 UGX
07 January 20241 CVE = 37.84 UGX
08 January 20241 CVE = 37.12 UGX
09 January 20241 CVE = 37.46 UGX
10 January 20241 CVE = 37.27 UGX
11 January 20241 CVE = 37.40 UGX
12 January 20241 CVE = 37.40 UGX
14 January 20241 CVE = 37.72 UGX
15 January 20241 CVE = 37.33 UGX
16 January 20241 CVE = 37.43 UGX
17 January 20241 CVE = 37.27 UGX
18 January 20241 CVE = 37.18 UGX
19 January 20241 CVE = 37.12 UGX
22 January 20241 CVE = 37.17 UGX
23 January 20241 CVE = 37.26 UGX
24 January 20241 CVE = 37.09 UGX
25 January 20241 CVE = 37.31 UGX
26 January 20241 CVE = 37.21 UGX
28 January 20241 CVE = 37.53 UGX
29 January 20241 CVE = 37.19 UGX
30 January 20241 CVE = 36.98 UGX
31 January 20241 CVE = 37.10 UGX

03/06/2020: COVID-19 Impact on the Shilling

The Ugandan Shilling experienced a significant decline in value due to the economic impact of the COVID-19 pandemic.

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.

01/09/2013: Withdrawal of Old Currency Series

The old series of Ugandan Shilling notes were phased out and replaced with the new currency series.

01/07/2010: Issue of New Currency Series

Uganda issued a new series of currency notes with enhanced security features to reduce counterfeiting.

01/01/2005: Decimalization of the escudo

The Cape Verdean escudo underwent a decimalization process, with the subdivision of 1 escudo into 100 centavos.

02/05/2003: Introduction of Coins

Uganda introduced coins denominated in Shillings to replace lower-value notes and facilitate transactions.

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.

15/05/1987: Introduction of the 500 Shilling Note

A new 500 Shilling note was introduced to combat the rapid inflation and devaluation of the currency.

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.

05/08/1972: Idi Amin's Currency Change

President Idi Amin ordered the demonetization of old Ugandan Shilling notes and replaced them with new ones, causing an economic crisis.

15/06/1966: Introduction of the Ugandan Shilling

The Ugandan Shilling was introduced as the official currency of Uganda following its independence from British colonial rule.
CVE UGX January 2024
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CVE UGX January 2025