Comorian Franc cape verdean escudo exchange rate history (KMF CVE) February 2024

Comorian Franc cape verdean escudo history for February 2024. The highest quote for this month is 0.22533 (06/02/2024) and the lowest 1.3121 (16/02/2024). The difference between high and low is -482.3.

KMF CVE average rate for February 2024 is 0.22411, the change between 01/02/2024 and 29/02/2024 is -0.16 %.

01 February 2024	1 KMF = 0.2238 CVE
02 February 2024	1 KMF = 0.2244 CVE
03 February 2024	1 KMF = 0.2239 CVE
04 February 2024	1 KMF = 0.2239 CVE
05 February 2024	1 KMF = 0.2242 CVE
06 February 2024	1 KMF = 0.2251 CVE
07 February 2024	1 KMF = 0.2240 CVE
08 February 2024	1 KMF = 0.2241 CVE
09 February 2024	1 KMF = 0.2242 CVE
12 February 2024	1 KMF = 0.2243 CVE
13 February 2024	1 KMF = 0.2243 CVE
14 February 2024	1 KMF = 0.2240 CVE
15 February 2024	1 KMF = 0.2241 CVE
16 February 2024	1 KMF = 0.2243 CVE
17 February 2024	1 KMF = 0.2239 CVE
18 February 2024	1 KMF = 0.2239 CVE
19 February 2024	1 KMF = 0.2239 CVE
20 February 2024	1 KMF = 0.2243 CVE
21 February 2024	1 KMF = 0.2241 CVE
22 February 2024	1 KMF = 0.2238 CVE
23 February 2024	1 KMF = 0.2240 CVE
24 February 2024	1 KMF = 0.2241 CVE
25 February 2024	1 KMF = 0.2241 CVE
26 February 2024	1 KMF = 0.2239 CVE
27 February 2024	1 KMF = 0.2242 CVE
28 February 2024	1 KMF = 0.2242 CVE
29 February 2024	1 KMF = 0.2241 CVE

18/01/2021: Suspension of Eco adoption

The Central Bank of the Comoros suspended the adoption of the Eco currency, retaining the Comorian Franc as the official currency.

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.

01/01/2019: Replacement of the Franc by the Eco

Comoros agreed to replace the Comorian Franc with the proposed Eco currency, along with other West African countries.

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.

01/07/1997: Revaluation of the Comorian Franc

The Comorian Franc was revalued at a ratio of 1 new Franc to 75 old Francs, reducing the value of the currency.

20/06/1994: Introduction of the New Comorian Franc

Comoros introduced a new series of banknotes and coins, replacing the old Comorian Franc.

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.

01/01/1976: Establishment of the Central Bank of Comoros

The Central Bank of Comoros was established to manage the monetary policies and issue the Comorian Franc.

06/07/1975: Independence of Comoros

Comoros gained independence from France, but continued using the Comorian Franc as its currency.

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.

01/01/1920: Introduction of the Comorian Franc

The Comorian Franc was introduced as the official currency of Comoros by the French colonial administration.

Historic Comorian Franc Cape Verdean escudo