Historic Haitian gourde Cape Verdean escudo

Haitian gourde cape verdean escudo history for February 2024. The highest quote for this month is 0.78571 (15/02/2024) and the lowest 0.78655 (14/02/2024). The difference between high and low is -0.11.

HTG CVE average rate for February 2024 is 0.77837, the change between 01/02/2024 and 29/02/2024 is +0.67 %.

01 February 20241 HTG = 0.7777 CVE
02 February 20241 HTG = 0.7784 CVE
03 February 20241 HTG = 0.7766 CVE
04 February 20241 HTG = 0.7766 CVE
05 February 20241 HTG = 0.7758 CVE
06 February 20241 HTG = 0.7846 CVE
07 February 20241 HTG = 0.7842 CVE
08 February 20241 HTG = 0.7831 CVE
09 February 20241 HTG = 0.7824 CVE
12 February 20241 HTG = 0.7830 CVE
13 February 20241 HTG = 0.7826 CVE
14 February 20241 HTG = 0.7865 CVE
15 February 20241 HTG = 0.7854 CVE
16 February 20241 HTG = 0.7838 CVE
17 February 20241 HTG = 0.7794 CVE
18 February 20241 HTG = 0.7794 CVE
19 February 20241 HTG = 0.7812 CVE
20 February 20241 HTG = 0.7792 CVE
21 February 20241 HTG = 0.7767 CVE
22 February 20241 HTG = 0.7745 CVE
23 February 20241 HTG = 0.7738 CVE
24 February 20241 HTG = 0.7713 CVE
25 February 20241 HTG = 0.7713 CVE
26 February 20241 HTG = 0.7733 CVE
27 February 20241 HTG = 0.7712 CVE
28 February 20241 HTG = 0.7713 CVE
29 February 20241 HTG = 0.7726 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.

22/12/2003: Redenomination of the Haitian Currency

To simplify transactions, the Haitian government removes three zeros from the gourde and renames it as the Haitian dollar (HTD), later reverting to the gourde (HTG).

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.

30/09/1991: Overthrow of President Jean-Bertrand Aristide

Political instability and economic crisis lead to President Aristide's ousting, causing further depreciation of the gourde.

01/05/1989: Introduction of the Third Haitian Gourde

A third gourde is introduced to replace the second gourde at a ratio of 1:5, with hopes of stabilizing the economy.

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.

01/02/1967: Introduction of the Second Haitian Gourde

To combat inflation, Haiti replaces the first gourde with a new currency, the second gourde, at a ratio of 1:100.

01/07/1912: Establishment of the Banque Nationale de la République d'Haïti

The Banque Nationale de la République d'Haïti is founded as the central bank responsible for managing the gourde.

01/01/1874: Introduction of the First Haitian Gourde

The Haitian government issues the first official currency, the gourde, to replace various fractional currencies.

01/01/1804: Declaration of Independence

After gaining independence from France, Haiti adopts the gourde as its national currency.