Salvadoran Colón cape verdean escudo history for February 2024. The highest quote for this month is 12.055 (15/02/2024) and the lowest 12.069 (14/02/2024). The difference between high and low is -0.12.
SVC CVE average rate for February 2024 is 11.90904, the change between 01/02/2024 and 29/02/2024 is -0.26 %.
| 01 February 2024 | 1 SVC = 11.92 CVE |
| 02 February 2024 | 1 SVC = 11.92 CVE |
| 03 February 2024 | 1 SVC = 11.67 CVE |
| 04 February 2024 | 1 SVC = 11.67 CVE |
| 05 February 2024 | 1 SVC = 11.88 CVE |
| 06 February 2024 | 1 SVC = 12.02 CVE |
| 07 February 2024 | 1 SVC = 12.03 CVE |
| 08 February 2024 | 1 SVC = 12.01 CVE |
| 09 February 2024 | 1 SVC = 12.00 CVE |
| 12 February 2024 | 1 SVC = 12.01 CVE |
| 13 February 2024 | 1 SVC = 12.00 CVE |
| 14 February 2024 | 1 SVC = 12.07 CVE |
| 15 February 2024 | 1 SVC = 12.05 CVE |
| 16 February 2024 | 1 SVC = 12.03 CVE |
| 17 February 2024 | 1 SVC = 11.72 CVE |
| 18 February 2024 | 1 SVC = 11.72 CVE |
| 19 February 2024 | 1 SVC = 12.00 CVE |
| 20 February 2024 | 1 SVC = 12.00 CVE |
| 21 February 2024 | 1 SVC = 11.96 CVE |
| 22 February 2024 | 1 SVC = 11.95 CVE |
| 23 February 2024 | 1 SVC = 11.93 CVE |
| 24 February 2024 | 1 SVC = 11.63 CVE |
| 25 February 2024 | 1 SVC = 11.63 CVE |
| 26 February 2024 | 1 SVC = 11.94 CVE |
| 27 February 2024 | 1 SVC = 11.92 CVE |
| 28 February 2024 | 1 SVC = 11.92 CVE |
| 29 February 2024 | 1 SVC = 11.95 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.
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.