Macedonian Denar cape verdean escudo exchange rate history (MKD CVE) January 2024

Macedonian Denar cape verdean escudo history for January 2024. The highest quote for this month is 1.8098 (08/01/2024) and the lowest 1.822 (08/01/2024). The difference between high and low is -0.67.

MKD CVE average rate for January 2024 is 1.80375, the change between 01/01/2024 and 31/01/2024 is -0.02 %.

01 January 2024	1 MKD = 1.803 CVE
02 January 2024	1 MKD = 1.804 CVE
03 January 2024	1 MKD = 1.787 CVE
04 January 2024	1 MKD = 1.798 CVE
05 January 2024	1 MKD = 1.806 CVE
06 January 2024	1 MKD = 1.789 CVE
07 January 2024	1 MKD = 1.789 CVE
08 January 2024	1 MKD = 1.822 CVE
09 January 2024	1 MKD = 1.803 CVE
10 January 2024	1 MKD = 1.805 CVE
11 January 2024	1 MKD = 1.806 CVE
12 January 2024	1 MKD = 1.807 CVE
14 January 2024	1 MKD = 1.800 CVE
15 January 2024	1 MKD = 1.805 CVE
16 January 2024	1 MKD = 1.804 CVE
17 January 2024	1 MKD = 1.806 CVE
18 January 2024	1 MKD = 1.806 CVE
19 January 2024	1 MKD = 1.805 CVE
22 January 2024	1 MKD = 1.822 CVE
23 January 2024	1 MKD = 1.802 CVE
24 January 2024	1 MKD = 1.806 CVE
25 January 2024	1 MKD = 1.803 CVE
26 January 2024	1 MKD = 1.801 CVE
28 January 2024	1 MKD = 1.794 CVE
29 January 2024	1 MKD = 1.819 CVE
30 January 2024	1 MKD = 1.807 CVE
31 January 2024	1 MKD = 1.803 CVE

01/07/2020: Euro as legal tender

North Macedonia officially adopted the Euro as its currency, replacing the Macedonian Denar for all monetary transactions.

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.

15/05/2018: Denar's symbol adoption

The official symbol for the Macedonian Denar (den) was adopted, representing the currency in both domestic and international transactions.

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.

10/10/2005: Denar's full Euro peg

The Macedonian Denar was fully pegged to the Euro at a fixed exchange rate of 61.5 Denars to 1 Euro.

01/01/2005: Decimalization of the escudo

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

29/04/2003: Replacement of banknotes

New series of banknotes with enhanced security features were introduced, replacing the older versions.

05/11/2001: Denar's devaluation

Due to the political crisis in Macedonia, the Denar underwent a significant devaluation, losing around 40% of its value against the Euro.

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.

15/05/1995: Denar's peg to the German Mark

The Macedonian Denar was pegged to the German Mark at a rate of 1 Denar to 1.5 Deutsche Mark, establishing a stable exchange rate.

26/11/1992: Introduction of the Macedonian Denar

The Macedonian Denar was introduced as the official currency of the Republic of Macedonia following its declaration of independence from Yugoslavia.

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.

Historic Macedonian Denar Cape Verdean escudo