Kenyan shilling cape verdean escudo exchange rate history (KES CVE) November 2023

Kenyan shilling cape verdean escudo history for November 2023. The highest quote for this month is 0.69733 (01/11/2023) and the lowest 0.69975 (01/11/2023). The difference between high and low is -0.35.

KES CVE average rate for November 2023 is 0.67532, the change between 01/11/2023 and 30/11/2023 is +5.49 %.

01 November 2023	1 KES = 0.6979 CVE
02 November 2023	1 KES = 0.6980 CVE
03 November 2023	1 KES = 0.6908 CVE
06 November 2023	1 KES = 0.6970 CVE
07 November 2023	1 KES = 0.6799 CVE
08 November 2023	1 KES = 0.6822 CVE
09 November 2023	1 KES = 0.6835 CVE
10 November 2023	1 KES = 0.6826 CVE
12 November 2023	1 KES = 0.6798 CVE
13 November 2023	1 KES = 0.6844 CVE
14 November 2023	1 KES = 0.6826 CVE
15 November 2023	1 KES = 0.6781 CVE
16 November 2023	1 KES = 0.6720 CVE
17 November 2023	1 KES = 0.6712 CVE
18 November 2023	1 KES = 0.6659 CVE
19 November 2023	1 KES = 0.6659 CVE
20 November 2023	1 KES = 0.6724 CVE
21 November 2023	1 KES = 0.6650 CVE
22 November 2023	1 KES = 0.6656 CVE
23 November 2023	1 KES = 0.6660 CVE
24 November 2023	1 KES = 0.6657 CVE
26 November 2023	1 KES = 0.6610 CVE
27 November 2023	1 KES = 0.6694 CVE
28 November 2023	1 KES = 0.6622 CVE
29 November 2023	1 KES = 0.6601 CVE
30 November 2023	1 KES = 0.6596 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.

Historic Kenyan shilling Cape Verdean escudo