Iranian Rial cape verdean escudo exchange rate history (IRR CVE) December 2023

Iranian Rial cape verdean escudo history for December 2023. The highest quote for this month is 0.002451 (14/12/2023) and the lowest 0.002443 (10/12/2023). The difference between high and low is 0.33.

IRR CVE average rate for December 2023 is 0.00241, the change between 01/12/2023 and 31/12/2023 is +1.37 %.

01 December 2023	1 IRR = 0.0024 CVE
02 December 2023	1 IRR = 0.0024 CVE
03 December 2023	1 IRR = 0.0024 CVE
04 December 2023	1 IRR = 0.0024 CVE
05 December 2023	1 IRR = 0.0024 CVE
06 December 2023	1 IRR = 0.0024 CVE
07 December 2023	1 IRR = 0.0024 CVE
08 December 2023	1 IRR = 0.0024 CVE
10 December 2023	1 IRR = 0.0024 CVE
11 December 2023	1 IRR = 0.0024 CVE
12 December 2023	1 IRR = 0.0024 CVE
13 December 2023	1 IRR = 0.0024 CVE
14 December 2023	1 IRR = 0.0024 CVE
15 December 2023	1 IRR = 0.0025 CVE
16 December 2023	1 IRR = 0.0024 CVE
17 December 2023	1 IRR = 0.0024 CVE
18 December 2023	1 IRR = 0.0024 CVE
19 December 2023	1 IRR = 0.0024 CVE
20 December 2023	1 IRR = 0.0024 CVE
21 December 2023	1 IRR = 0.0024 CVE
22 December 2023	1 IRR = 0.0024 CVE
23 December 2023	1 IRR = 0.0024 CVE
24 December 2023	1 IRR = 0.0024 CVE
25 December 2023	1 IRR = 0.0024 CVE
26 December 2023	1 IRR = 0.0024 CVE
27 December 2023	1 IRR = 0.0024 CVE
28 December 2023	1 IRR = 0.0024 CVE
29 December 2023	1 IRR = 0.0024 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.

23/02/2020: COVID-19 Pandemic's Impact on the Iranian Rial

The COVID-19 pandemic, along with economic challenges, caused further depreciation of the Iranian Rial (IRR) against major currencies.

10/04/2018: Revaluation of the Iranian Rial

Iran's government announced a new currency exchange rate, devaluing the Iranian Rial (IRR) against foreign currencies.

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.

24/09/2012: Imposition of International Sanctions on Iran

International sanctions were imposed on Iran, leading to a significant decline in the value of the Iranian Rial (IRR).

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.

24/05/1989: Introduction of the Two-Tier Exchange Rate System

Iran implemented a two-tier exchange rate system, with different rates for essential goods and non-essential imports.

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.

26/10/1975: Floating of the Iranian Rial

The Iranian Rial (IRR) was allowed to float against foreign currencies, marking the end of the fixed exchange rate system.

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.

01/09/1957: Decimalization of the Iranian Rial

The Iranian Rial (IRR) was decimalized, dividing one Toman into 10 Rials to simplify the currency system.

01/04/1932: Introduction of the Iranian Rial

The Iranian Rial (IRR) was introduced as the official currency of Iran after replacing the Qiran.

Historic Iranian Rial Cape Verdean escudo