North Korean won cape verdean escudo exchange rate history (KPW CVE) February 2024

North Korean won cape verdean escudo history for February 2024. The highest quote for this month is 0.11442 (14/02/2024) and the lowest 0.11433 (14/02/2024). The difference between high and low is 0.08.

KPW CVE average rate for February 2024 is 0.1135, the change between 01/02/2024 and 29/02/2024 is -0.23 %.

01 February 2024	1 KPW = 0.1128 CVE
02 February 2024	1 KPW = 0.1129 CVE
03 February 2024	1 KPW = 0.1134 CVE
04 February 2024	1 KPW = 0.1134 CVE
05 February 2024	1 KPW = 0.1136 CVE
06 February 2024	1 KPW = 0.1141 CVE
07 February 2024	1 KPW = 0.1140 CVE
08 February 2024	1 KPW = 0.1138 CVE
09 February 2024	1 KPW = 0.1137 CVE
12 February 2024	1 KPW = 0.1136 CVE
13 February 2024	1 KPW = 0.1137 CVE
14 February 2024	1 KPW = 0.1143 CVE
15 February 2024	1 KPW = 0.1142 CVE
16 February 2024	1 KPW = 0.1139 CVE
17 February 2024	1 KPW = 0.1139 CVE
18 February 2024	1 KPW = 0.1139 CVE
19 February 2024	1 KPW = 0.1137 CVE
20 February 2024	1 KPW = 0.1137 CVE
21 February 2024	1 KPW = 0.1133 CVE
22 February 2024	1 KPW = 0.1132 CVE
23 February 2024	1 KPW = 0.1131 CVE
24 February 2024	1 KPW = 0.1131 CVE
25 February 2024	1 KPW = 0.1131 CVE
26 February 2024	1 KPW = 0.1131 CVE
27 February 2024	1 KPW = 0.1129 CVE
28 February 2024	1 KPW = 0.1129 CVE
29 February 2024	1 KPW = 0.1130 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