Historic Honduran lempira Cape Verdean escudo

Honduran lempira cape verdean escudo history for January 2024. The highest quote for this month is 4.1957 (29/01/2024) and the lowest 4.2067 (30/01/2024). The difference between high and low is -0.26.

HNL CVE average rate for January 2024 is 4.13297, the change between 01/01/2024 and 31/01/2024 is -0.88 %.

01 January 20241 HNL = 4.110 CVE
02 January 20241 HNL = 4.110 CVE
03 January 20241 HNL = 4.053 CVE
04 January 20241 HNL = 4.094 CVE
05 January 20241 HNL = 4.161 CVE
06 January 20241 HNL = 4.065 CVE
07 January 20241 HNL = 4.065 CVE
08 January 20241 HNL = 4.173 CVE
09 January 20241 HNL = 4.097 CVE
10 January 20241 HNL = 4.167 CVE
11 January 20241 HNL = 4.153 CVE
12 January 20241 HNL = 4.151 CVE
14 January 20241 HNL = 4.088 CVE
15 January 20241 HNL = 4.161 CVE
16 January 20241 HNL = 4.162 CVE
17 January 20241 HNL = 4.183 CVE
18 January 20241 HNL = 4.138 CVE
19 January 20241 HNL = 4.132 CVE
22 January 20241 HNL = 4.185 CVE
23 January 20241 HNL = 4.128 CVE
24 January 20241 HNL = 4.148 CVE
25 January 20241 HNL = 4.120 CVE
26 January 20241 HNL = 4.137 CVE
28 January 20241 HNL = 4.120 CVE
29 January 20241 HNL = 4.190 CVE
30 January 20241 HNL = 4.155 CVE
31 January 20241 HNL = 4.146 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.