Guatemalan quetzal cape verdean escudo exchange rate history (GTQ CVE) August 2023

Guatemalan quetzal cape verdean escudo history for August 2023. The highest quote for this month is 13.307 (28/08/2023) and the lowest 13.306 (24/08/2023). The difference between high and low is 0.01.

GTQ CVE average rate for August 2023 is 13.12763, the change between 01/08/2023 and 31/08/2023 is -1.15 %.

01 August 2023	1 GTQ = 13.05 CVE
02 August 2023	1 GTQ = 13.07 CVE
03 August 2023	1 GTQ = 13.08 CVE
04 August 2023	1 GTQ = 13.12 CVE
07 August 2023	1 GTQ = 13.12 CVE
08 August 2023	1 GTQ = 13.08 CVE
09 August 2023	1 GTQ = 13.10 CVE
10 August 2023	1 GTQ = 13.07 CVE
11 August 2023	1 GTQ = 13.01 CVE
12 August 2023	1 GTQ = 12.78 CVE
14 August 2023	1 GTQ = 13.05 CVE
15 August 2023	1 GTQ = 13.16 CVE
16 August 2023	1 GTQ = 13.16 CVE
17 August 2023	1 GTQ = 13.16 CVE
18 August 2023	1 GTQ = 13.22 CVE
19 August 2023	1 GTQ = 12.93 CVE
20 August 2023	1 GTQ = 12.93 CVE
21 August 2023	1 GTQ = 13.24 CVE
22 August 2023	1 GTQ = 13.23 CVE
23 August 2023	1 GTQ = 13.26 CVE
24 August 2023	1 GTQ = 13.26 CVE
25 August 2023	1 GTQ = 13.28 CVE
27 August 2023	1 GTQ = 12.97 CVE
28 August 2023	1 GTQ = 13.31 CVE
29 August 2023	1 GTQ = 13.30 CVE
30 August 2023	1 GTQ = 13.30 CVE
31 August 2023	1 GTQ = 13.20 CVE

14/09/2020: Centenary of the Quetzal

The Guatemalan Quetzal celebrated its centenary, marking 100 years as the national currency of Guatemala.

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.

30/05/2011: New banknotes

New banknotes were introduced to incorporate modern security features and commemorate the 20th anniversary of Quetzal's reintroduction.

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.

09/02/1987: Quetzal devaluation

The Quetzal was devalued by 66% as part of an economic stabilization plan.

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.

13/09/1967: Decree Law 17-67

Decree Law 17-67 was enacted, establishing a fixed exchange rate between the Quetzal and the US dollar.

08/04/1951: Monetary Reform

Guatemala underwent a monetary reform, with the introduction of the Quetzal as the sole currency.

25/06/1946: The Quetzalé bill

The Quetzalé bill, equivalent to 1,000 Quetzales, was introduced to combat hyperinflation.

22/06/1925: Introduction of the Quetzal

The Guatemalan Quetzal was introduced as the official currency, replacing the Guatemalan peso.

Historic Guatemalan quetzal Cape Verdean escudo