Liberian dollar cape verdean escudo exchange rate history (LRD CVE) January 2024

Liberian dollar cape verdean escudo history for January 2024. The highest quote for this month is 0.54006 (29/01/2024) and the lowest 0.53943 (29/01/2024). The difference between high and low is 0.12.

LRD CVE average rate for January 2024 is 0.53636, the change between 01/01/2024 and 31/01/2024 is -1.16 %.

01 January 2024	1 LRD = 0.5322 CVE
02 January 2024	1 LRD = 0.5324 CVE
03 January 2024	1 LRD = 0.5317 CVE
04 January 2024	1 LRD = 0.5371 CVE
05 January 2024	1 LRD = 0.5368 CVE
06 January 2024	1 LRD = 0.5330 CVE
07 January 2024	1 LRD = 0.5330 CVE
08 January 2024	1 LRD = 0.5370 CVE
09 January 2024	1 LRD = 0.5360 CVE
10 January 2024	1 LRD = 0.5375 CVE
11 January 2024	1 LRD = 0.5346 CVE
12 January 2024	1 LRD = 0.5346 CVE
14 January 2024	1 LRD = 0.5347 CVE
15 January 2024	1 LRD = 0.5349 CVE
16 January 2024	1 LRD = 0.5353 CVE
17 January 2024	1 LRD = 0.5391 CVE
18 January 2024	1 LRD = 0.5392 CVE
19 January 2024	1 LRD = 0.5384 CVE
22 January 2024	1 LRD = 0.5383 CVE
23 January 2024	1 LRD = 0.5376 CVE
24 January 2024	1 LRD = 0.5407 CVE
25 January 2024	1 LRD = 0.5366 CVE
26 January 2024	1 LRD = 0.5378 CVE
29 January 2024	1 LRD = 0.5383 CVE
30 January 2024	1 LRD = 0.5405 CVE
31 January 2024	1 LRD = 0.5384 CVE

29/06/2020: Introduction of New Banknotes

Liberia introduces new banknotes with enhanced security features to combat counterfeiting and improve confidence in the currency.

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.

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.

01/01/2005: Decimalization of the escudo

The Cape Verdean escudo underwent a decimalization process, with the subdivision of 1 escudo into 100 centavos.

14/10/2000: ECOWAS Intervention

ECOWAS forces intervene in Liberia, leading to improved stability and gradual recovery of the Liberian dollar.

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.

19/07/1997: Liberian Dollar Depreciation

The Liberian dollar experiences a significant depreciation due to economic mismanagement and the aftermath of the civil war.

26/01/1982: Liberian Civil War Begins

The Liberian civil war begins, leading to significant economic instability and devaluation of the Liberian dollar.

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.

23/03/1907: Liberian Dollar Pegged to US Dollar

The Liberian dollar is pegged to the U.S. dollar at a ratio of 2:1, maintaining a fixed exchange rate for many years.

10/07/1849: Introduction of Liberian Dollar

The Liberian dollar is introduced as the official currency of Liberia, replacing the use of foreign currencies in the country.

26/07/1847: Liberian Independence

Liberia declares independence from the American Colonization Society, establishing the first republic in Africa.

Historic Liberian dollar Cape Verdean escudo