North Korean won cape verdean escudo exchange rate history (KPW CVE) December 2023

North Korean won cape verdean escudo history for December 2023. The highest quote for this month is 0.11444 (14/12/2023) and the lowest 0.114 (10/12/2023). The difference between high and low is 0.38.

KPW CVE average rate for December 2023 is 0.11242, the change between 01/12/2023 and 31/12/2023 is +1.3 %.

01 December 2023	1 KPW = 0.1122 CVE
02 December 2023	1 KPW = 0.1127 CVE
03 December 2023	1 KPW = 0.1127 CVE
04 December 2023	1 KPW = 0.1125 CVE
05 December 2023	1 KPW = 0.1131 CVE
06 December 2023	1 KPW = 0.1134 CVE
07 December 2023	1 KPW = 0.1136 CVE
08 December 2023	1 KPW = 0.1134 CVE
10 December 2023	1 KPW = 0.1140 CVE
11 December 2023	1 KPW = 0.1138 CVE
12 December 2023	1 KPW = 0.1138 CVE
13 December 2023	1 KPW = 0.1135 CVE
14 December 2023	1 KPW = 0.1136 CVE
15 December 2023	1 KPW = 0.1144 CVE
16 December 2023	1 KPW = 0.1121 CVE
17 December 2023	1 KPW = 0.1121 CVE
18 December 2023	1 KPW = 0.1123 CVE
19 December 2023	1 KPW = 0.1123 CVE
20 December 2023	1 KPW = 0.1116 CVE
21 December 2023	1 KPW = 0.1117 CVE
22 December 2023	1 KPW = 0.1115 CVE
23 December 2023	1 KPW = 0.1117 CVE
24 December 2023	1 KPW = 0.1112 CVE
25 December 2023	1 KPW = 0.1112 CVE
26 December 2023	1 KPW = 0.1113 CVE
27 December 2023	1 KPW = 0.1110 CVE
28 December 2023	1 KPW = 0.1102 CVE
29 December 2023	1 KPW = 0.1108 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.

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.

01/07/2013: Exchange rate unification

North Korea unifies the official exchange rate and market rate, resulting in a significant depreciation of the won.

30/11/2009: Currency revaluation

North Korean government announces a currency revaluation, replacing the old won notes at a ratio of 1 for 100.

01/01/2005: Decimalization of the escudo

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

01/12/2001: Currency redenomination

North Korean won is redenominated, with the previous notes and coins being replaced by new ones at a ratio of 1 for 1,000.

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.

25/02/1992: Introducing foreign exchange certificates

North Korea introduces foreign exchange certificates to counter hyperinflation and stabilize its economy.

06/12/1979: Second major revaluation

North Korean won undergoes its second major revaluation, with the exchange rate being set at 1 for 10.

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.

31/12/1959: First major revaluation

North Korean won undergoes its first major revaluation, with the exchange rate being set at 1 for 100.

06/12/1947: Introduction of North Korean won

North Korean won is introduced as the official currency of North Korea, replacing the Korean yen at par value.

Historic North Korean won Cape Verdean escudo