Historic Turkish Lira Cape Verdean escudo

Turkish Lira cape verdean escudo history for February 2024. The highest quote for this month is 3.3591 (01/02/2024) and the lowest 3.3664 (06/02/2024). The difference between high and low is -0.22.

TRY CVE average rate for February 2024 is 3.31958, the change between 01/02/2024 and 29/02/2024 is +2.49 %.

01 February 20241 TRY = 3.343 CVE
02 February 20241 TRY = 3.339 CVE
03 February 20241 TRY = 3.353 CVE
04 February 20241 TRY = 3.359 CVE
05 February 20241 TRY = 3.374 CVE
06 February 20241 TRY = 3.361 CVE
07 February 20241 TRY = 3.359 CVE
08 February 20241 TRY = 3.347 CVE
09 February 20241 TRY = 3.337 CVE
12 February 20241 TRY = 3.337 CVE
13 February 20241 TRY = 3.331 CVE
14 February 20241 TRY = 3.349 CVE
15 February 20241 TRY = 3.342 CVE
16 February 20241 TRY = 3.326 CVE
17 February 20241 TRY = 3.326 CVE
18 February 20241 TRY = 3.328 CVE
19 February 20241 TRY = 3.322 CVE
20 February 20241 TRY = 3.314 CVE
21 February 20241 TRY = 3.300 CVE
22 February 20241 TRY = 3.285 CVE
23 February 20241 TRY = 3.276 CVE
24 February 20241 TRY = 3.280 CVE
25 February 20241 TRY = 3.277 CVE
26 February 20241 TRY = 3.273 CVE
27 February 20241 TRY = 3.267 CVE
28 February 20241 TRY = 3.264 CVE
29 February 20241 TRY = 3.260 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.