Historic Guatemalan quetzal Cape Verdean escudo

Guatemalan quetzal cape verdean escudo history for November 2023. The highest quote for this month is 13.68 (01/11/2023) and the lowest 13.672 (01/11/2023). The difference between high and low is 0.06.

GTQ CVE average rate for November 2023 is 13.3085, the change between 01/11/2023 and 30/11/2023 is +3.79 %.

01 November 20231 GTQ = 13.65 CVE
02 November 20231 GTQ = 13.68 CVE
03 November 20231 GTQ = 13.56 CVE
06 November 20231 GTQ = 13.53 CVE
07 November 20231 GTQ = 13.43 CVE
08 November 20231 GTQ = 13.52 CVE
09 November 20231 GTQ = 13.46 CVE
10 November 20231 GTQ = 13.47 CVE
12 November 20231 GTQ = 13.18 CVE
13 November 20231 GTQ = 13.52 CVE
14 November 20231 GTQ = 13.47 CVE
15 November 20231 GTQ = 13.49 CVE
16 November 20231 GTQ = 13.29 CVE
17 November 20231 GTQ = 13.28 CVE
18 November 20231 GTQ = 12.95 CVE
19 November 20231 GTQ = 12.95 CVE
20 November 20231 GTQ = 13.27 CVE
21 November 20231 GTQ = 13.17 CVE
22 November 20231 GTQ = 13.20 CVE
23 November 20231 GTQ = 13.23 CVE
24 November 20231 GTQ = 13.21 CVE
26 November 20231 GTQ = 12.88 CVE
27 November 20231 GTQ = 13.20 CVE
28 November 20231 GTQ = 13.15 CVE
29 November 20231 GTQ = 13.14 CVE
30 November 20231 GTQ = 13.13 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.