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

Guatemalan quetzal cape verdean escudo history for December 2023. The highest quote for this month is 13.492 (14/12/2023) and the lowest 13.4 (11/12/2023). The difference between high and low is 0.68.

GTQ CVE average rate for December 2023 is 13.156, the change between 01/12/2023 and 31/12/2023 is +1.82 %.

01 December 2023	1 GTQ = 13.22 CVE
02 December 2023	1 GTQ = 12.96 CVE
03 December 2023	1 GTQ = 12.96 CVE
04 December 2023	1 GTQ = 13.23 CVE
05 December 2023	1 GTQ = 13.30 CVE
06 December 2023	1 GTQ = 13.36 CVE
07 December 2023	1 GTQ = 13.36 CVE
08 December 2023	1 GTQ = 13.35 CVE
10 December 2023	1 GTQ = 13.11 CVE
11 December 2023	1 GTQ = 13.38 CVE
12 December 2023	1 GTQ = 13.39 CVE
13 December 2023	1 GTQ = 13.36 CVE
14 December 2023	1 GTQ = 13.38 CVE
15 December 2023	1 GTQ = 13.49 CVE
16 December 2023	1 GTQ = 12.90 CVE
17 December 2023	1 GTQ = 12.90 CVE
18 December 2023	1 GTQ = 13.16 CVE
19 December 2023	1 GTQ = 13.23 CVE
20 December 2023	1 GTQ = 13.16 CVE
21 December 2023	1 GTQ = 13.16 CVE
22 December 2023	1 GTQ = 13.15 CVE
23 December 2023	1 GTQ = 12.85 CVE
24 December 2023	1 GTQ = 12.79 CVE
25 December 2023	1 GTQ = 13.09 CVE
26 December 2023	1 GTQ = 13.10 CVE
27 December 2023	1 GTQ = 13.06 CVE
28 December 2023	1 GTQ = 12.98 CVE
29 December 2023	1 GTQ = 12.98 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