Historic Honduran lempira Cape Verdean escudo

Honduran lempira cape verdean escudo history for February 2024. The highest quote for this month is 4.241 (06/02/2024) and the lowest 4.25 (14/02/2024). The difference between high and low is -0.21.

HNL CVE average rate for February 2024 is 4.17199, the change between 01/02/2024 and 29/02/2024 is -1.59 %.

01 February 20241 HNL = 4.141 CVE
02 February 20241 HNL = 4.144 CVE
03 February 20241 HNL = 4.147 CVE
04 February 20241 HNL = 4.147 CVE
05 February 20241 HNL = 4.185 CVE
06 February 20241 HNL = 4.235 CVE
07 February 20241 HNL = 4.183 CVE
08 February 20241 HNL = 4.178 CVE
09 February 20241 HNL = 4.172 CVE
12 February 20241 HNL = 4.228 CVE
13 February 20241 HNL = 4.159 CVE
14 February 20241 HNL = 4.195 CVE
15 February 20241 HNL = 4.192 CVE
16 February 20241 HNL = 4.182 CVE
17 February 20241 HNL = 4.163 CVE
18 February 20241 HNL = 4.163 CVE
19 February 20241 HNL = 4.225 CVE
20 February 20241 HNL = 4.225 CVE
21 February 20241 HNL = 4.160 CVE
22 February 20241 HNL = 4.142 CVE
23 February 20241 HNL = 4.130 CVE
24 February 20241 HNL = 4.131 CVE
25 February 20241 HNL = 4.131 CVE
26 February 20241 HNL = 4.203 CVE
27 February 20241 HNL = 4.132 CVE
28 February 20241 HNL = 4.144 CVE
29 February 20241 HNL = 4.207 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.

07/10/2019: Modernization of Banknotes

The Honduran Central Bank launched new banknotes with enhanced security features and improved designs to deter counterfeiting.

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.

27/01/2009: Currency Crisis

Honduras faced a severe currency crisis due to political instability, causing a decline in the value of the Lempira.

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.

15/06/1997: Monetary Integration

Honduras became a member of the Central American Monetary Integration System, aiming to promote economic stability and regional cooperation.

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.

15/03/1967: Introduction of the New Lempira

A new design and denomination of the Lempira banknotes were introduced in order to combat counterfeiting.

03/09/1950: Devaluation of the Lempira

The Lempira experienced a significant devaluation, causing economic instability and inflation in Honduras.

11/10/1940: Monetary Reforms

Honduran government implemented monetary reforms to stabilize the Lempira and improve its value.

07/03/1931: Creation of the Lempira

The Honduran currency, the Lempira, was introduced to replace the Honduran peso as the official currency.
HNL CVE January 2024
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