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

Kenyan shilling cape verdean escudo history for October 2023. The highest quote for this month is 0.71029 (03/10/2023) and the lowest 0.72808 (06/10/2023). The difference between high and low is -2.5.

KES CVE average rate for October 2023 is 0.70301, the change between 01/10/2023 and 31/10/2023 is +1.04 %.

01 October 2023	1 KES = 0.7027 CVE
02 October 2023	1 KES = 0.7076 CVE
03 October 2023	1 KES = 0.7126 CVE
04 October 2023	1 KES = 0.7144 CVE
05 October 2023	1 KES = 0.7114 CVE
06 October 2023	1 KES = 0.7288 CVE
07 October 2023	1 KES = 0.7005 CVE
09 October 2023	1 KES = 0.7037 CVE
10 October 2023	1 KES = 0.7080 CVE
11 October 2023	1 KES = 0.6996 CVE
12 October 2023	1 KES = 0.7016 CVE
13 October 2023	1 KES = 0.7040 CVE
16 October 2023	1 KES = 0.7072 CVE
17 October 2023	1 KES = 0.7037 CVE
18 October 2023	1 KES = 0.7019 CVE
19 October 2023	1 KES = 0.7016 CVE
20 October 2023	1 KES = 0.7006 CVE
21 October 2023	1 KES = 0.6950 CVE
22 October 2023	1 KES = 0.6950 CVE
23 October 2023	1 KES = 0.6988 CVE
24 October 2023	1 KES = 0.6930 CVE
25 October 2023	1 KES = 0.6920 CVE
26 October 2023	1 KES = 0.6979 CVE
27 October 2023	1 KES = 0.6979 CVE
29 October 2023	1 KES = 0.6934 CVE
30 October 2023	1 KES = 0.7132 CVE
31 October 2023	1 KES = 0.6953 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