Turkish Lira cape verdean escudo exchange rate history (TRY CVE) December 2023

Turkish Lira cape verdean escudo history for December 2023. The highest quote for this month is 3.5457 (14/12/2023) and the lowest 3.5556 (10/12/2023). The difference between high and low is -0.28.

TRY CVE average rate for December 2023 is 3.48538, the change between 01/12/2023 and 31/12/2023 is +3.43 %.

01 December 2023	1 TRY = 3.497 CVE
02 December 2023	1 TRY = 3.512 CVE
03 December 2023	1 TRY = 3.510 CVE
04 December 2023	1 TRY = 3.504 CVE
05 December 2023	1 TRY = 3.520 CVE
06 December 2023	1 TRY = 3.531 CVE
07 December 2023	1 TRY = 3.535 CVE
08 December 2023	1 TRY = 3.532 CVE
10 December 2023	1 TRY = 3.547 CVE
11 December 2023	1 TRY = 3.547 CVE
12 December 2023	1 TRY = 3.536 CVE
13 December 2023	1 TRY = 3.519 CVE
14 December 2023	1 TRY = 3.527 CVE
15 December 2023	1 TRY = 3.555 CVE
16 December 2023	1 TRY = 3.483 CVE
17 December 2023	1 TRY = 3.484 CVE
18 December 2023	1 TRY = 3.505 CVE
19 December 2023	1 TRY = 3.480 CVE
20 December 2023	1 TRY = 3.452 CVE
21 December 2023	1 TRY = 3.451 CVE
22 December 2023	1 TRY = 3.448 CVE
23 December 2023	1 TRY = 3.442 CVE
24 December 2023	1 TRY = 3.424 CVE
25 December 2023	1 TRY = 3.472 CVE
26 December 2023	1 TRY = 3.418 CVE
27 December 2023	1 TRY = 3.409 CVE
28 December 2023	1 TRY = 3.376 CVE
29 December 2023	1 TRY = 3.377 CVE

04/11/2021: Resignation of Central Bank Governor and Lira Volatility

Following the resignation of the Turkish Central Bank governor, the lira experiences significant volatility in the foreign exchange market.

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.

10/08/2018: Currency Crisis and Lira Depreciation

The Turkish lira suffers a severe depreciation due to escalating tensions with the United States and concerns over the Turkish economy.

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.

15/07/2016: Failed Coup Attempt and Lira Plunge

After a failed coup attempt, the value of the Turkish lira plunges as political instability increases.

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.

30/04/2008: Global Financial Crisis and Turkish Lira

The Turkish lira experiences a significant depreciation as a result of the global financial crisis.

01/01/2005: Introduction of New Turkish Lira (TRY)

Turkey introduces a new version of the Turkish lira, denoted as TRY, with a new currency symbol.

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.

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.

29/10/1930: Adoption of the New Turkish Lira

The Turkish government introduces the New Turkish Lira (Yeni Türk Lirası) to replace the old currency.

29/10/1923: Founding of the Republic of Turkey

The Turkish lira is officially established as the currency of the newly founded Turkish Republic.

Historic Turkish Lira Cape Verdean escudo