Historic Kenyan shilling Cape Verdean escudo

Kenyan shilling cape verdean escudo history for February 2024. The highest quote for this month is 0.70934 (20/02/2024) and the lowest 0.73014 (19/02/2024). The difference between high and low is -2.93.

KES CVE average rate for February 2024 is 0.67408, the change between 01/02/2024 and 29/02/2024 is -10.26 %.

01 February 20241 KES = 0.6364 CVE
02 February 20241 KES = 0.6353 CVE
03 February 20241 KES = 0.6382 CVE
04 February 20241 KES = 0.6382 CVE
05 February 20241 KES = 0.6288 CVE
06 February 20241 KES = 0.6364 CVE
07 February 20241 KES = 0.6413 CVE
08 February 20241 KES = 0.6400 CVE
09 February 20241 KES = 0.6437 CVE
12 February 20241 KES = 0.6354 CVE
13 February 20241 KES = 0.6434 CVE
14 February 20241 KES = 0.6492 CVE
15 February 20241 KES = 0.6651 CVE
16 February 20241 KES = 0.6856 CVE
17 February 20241 KES = 0.7073 CVE
18 February 20241 KES = 0.7073 CVE
19 February 20241 KES = 0.7302 CVE
20 February 20241 KES = 0.7079 CVE
21 February 20241 KES = 0.7035 CVE
22 February 20241 KES = 0.7028 CVE
23 February 20241 KES = 0.7021 CVE
24 February 20241 KES = 0.7022 CVE
25 February 20241 KES = 0.7022 CVE
26 February 20241 KES = 0.7166 CVE
27 February 20241 KES = 0.6986 CVE
28 February 20241 KES = 0.7010 CVE
29 February 20241 KES = 0.7016 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.

01/10/2019: New Generation Banknotes

Kenya introduced a new series of banknotes with enhanced security features and design elements to fight illicit financial activities.

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.

01/07/2010: Introduction of New Currency Denominations

Kenya introduced new currency denominations, including the 1000 shilling note, to combat money laundering and illegal financial activities.

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.

14/09/1994: Transition to New Currency

Kenya introduced a new design of banknotes and coins to counter counterfeiting and promote national identity.

01/07/1985: Second Devaluation of the Shilling

The Kenyan shilling was further devalued by 30% as part of economic reforms and structural adjustments.

14/09/1980: Devaluation of the Shilling

The Kenyan shilling was devalued by 30% as part of an austerity measure to address the country's economic challenges.

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.

14/06/1969: Decimalization of the Shilling

Kenya decimalized its currency, dividing the shilling into 100 cents for easier transactions and financial calculations.

14/06/1966: Introduction of the Kenyan Shilling

The Kenyan shilling was introduced as the official currency of Kenya replacing the East African shilling as a result of Kenya's independence from British colonial rule.
KES CVE July 2023
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