Chilean Peso cape verdean escudo exchange rate history (CLP CVE) October 2023

Chilean Peso cape verdean escudo history for October 2023. The highest quote for this month is 0.11717 (01/10/2023) and the lowest 0.11727 (01/10/2023). The difference between high and low is -0.09.

CLP CVE average rate for October 2023 is 0.11289, the change between 01/10/2023 and 31/10/2023 is +2.2 %.

01 October 2023	1 CLP = 0.1173 CVE
02 October 2023	1 CLP = 0.1169 CVE
03 October 2023	1 CLP = 0.1156 CVE
04 October 2023	1 CLP = 0.1148 CVE
05 October 2023	1 CLP = 0.1148 CVE
06 October 2023	1 CLP = 0.1144 CVE
09 October 2023	1 CLP = 0.1127 CVE
10 October 2023	1 CLP = 0.1138 CVE
11 October 2023	1 CLP = 0.1121 CVE
12 October 2023	1 CLP = 0.1122 CVE
13 October 2023	1 CLP = 0.1116 CVE
16 October 2023	1 CLP = 0.1117 CVE
17 October 2023	1 CLP = 0.1104 CVE
18 October 2023	1 CLP = 0.1113 CVE
19 October 2023	1 CLP = 0.1112 CVE
20 October 2023	1 CLP = 0.1108 CVE
22 October 2023	1 CLP = 0.1103 CVE
23 October 2023	1 CLP = 0.1101 CVE
24 October 2023	1 CLP = 0.1107 CVE
25 October 2023	1 CLP = 0.1115 CVE
26 October 2023	1 CLP = 0.1128 CVE
27 October 2023	1 CLP = 0.1121 CVE
29 October 2023	1 CLP = 0.1150 CVE
30 October 2023	1 CLP = 0.1135 CVE
31 October 2023	1 CLP = 0.1147 CVE

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.

29/09/1977: Decimals Introduced

Chile replaced the escudo with the decimal centavo as the subunit of the peso, simplifying its monetary system.

29/09/1975: Floating Exchange Rate

Chile moved from a fixed to a floating exchange rate system, allowing the peso to be determined by market forces.

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.

02/01/1958: Introduction of Escudo as Subunit

The subunit of 1/100 peso, called the escudo, was introduced to facilitate smaller transactions in Chile.

31/12/1925: Creation of the Central Bank of Chile

The Central Bank of Chile was established, gaining authority over the country's currency issuance and monetary policy.

25/06/1895: Gold Standard Adoption

Chile adopted the gold standard, tying the value of the Chilean Peso to the price of gold and stabilizing its currency.

15/06/1851: First Peso Coinage

The first official peso coins were introduced by the Chilean government, replacing the Spanish colonial currency.

12/02/1817: Chilean Independence

Chile gained independence from Spain, leading to the establishment of the Chilean Peso as its official currency.

Historic Chilean Peso Cape Verdean escudo