Salvadoran Colón cape verdean escudo history for November 2023. The highest quote for this month is 12.28 (01/11/2023) and the lowest 12.272 (01/11/2023). The difference between high and low is 0.07.
SVC CVE average rate for November 2023 is 11.92873, the change between 01/11/2023 and 30/11/2023 is +3.98 %.
01 November 2023 | 1 SVC = 12.25 CVE |
02 November 2023 | 1 SVC = 12.28 CVE |
03 November 2023 | 1 SVC = 12.16 CVE |
06 November 2023 | 1 SVC = 12.15 CVE |
07 November 2023 | 1 SVC = 12.05 CVE |
08 November 2023 | 1 SVC = 12.12 CVE |
09 November 2023 | 1 SVC = 12.06 CVE |
10 November 2023 | 1 SVC = 12.07 CVE |
12 November 2023 | 1 SVC = 11.79 CVE |
13 November 2023 | 1 SVC = 12.11 CVE |
14 November 2023 | 1 SVC = 12.07 CVE |
15 November 2023 | 1 SVC = 12.09 CVE |
16 November 2023 | 1 SVC = 11.90 CVE |
17 November 2023 | 1 SVC = 11.90 CVE |
18 November 2023 | 1 SVC = 11.59 CVE |
19 November 2023 | 1 SVC = 11.59 CVE |
20 November 2023 | 1 SVC = 11.90 CVE |
21 November 2023 | 1 SVC = 11.82 CVE |
22 November 2023 | 1 SVC = 11.83 CVE |
23 November 2023 | 1 SVC = 11.86 CVE |
24 November 2023 | 1 SVC = 11.84 CVE |
26 November 2023 | 1 SVC = 11.53 CVE |
27 November 2023 | 1 SVC = 11.84 CVE |
28 November 2023 | 1 SVC = 11.80 CVE |
29 November 2023 | 1 SVC = 11.78 CVE |
30 November 2023 | 1 SVC = 11.76 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.