Historic North Korean won Cape Verdean escudo

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 20241 KPW = 0.1128 CVE
02 February 20241 KPW = 0.1129 CVE
03 February 20241 KPW = 0.1134 CVE
04 February 20241 KPW = 0.1134 CVE
05 February 20241 KPW = 0.1136 CVE
06 February 20241 KPW = 0.1141 CVE
07 February 20241 KPW = 0.1140 CVE
08 February 20241 KPW = 0.1138 CVE
09 February 20241 KPW = 0.1137 CVE
12 February 20241 KPW = 0.1136 CVE
13 February 20241 KPW = 0.1137 CVE
14 February 20241 KPW = 0.1143 CVE
15 February 20241 KPW = 0.1142 CVE
16 February 20241 KPW = 0.1139 CVE
17 February 20241 KPW = 0.1139 CVE
18 February 20241 KPW = 0.1139 CVE
19 February 20241 KPW = 0.1137 CVE
20 February 20241 KPW = 0.1137 CVE
21 February 20241 KPW = 0.1133 CVE
22 February 20241 KPW = 0.1132 CVE
23 February 20241 KPW = 0.1131 CVE
24 February 20241 KPW = 0.1131 CVE
25 February 20241 KPW = 0.1131 CVE
26 February 20241 KPW = 0.1131 CVE
27 February 20241 KPW = 0.1129 CVE
28 February 20241 KPW = 0.1129 CVE
29 February 20241 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.
KPW CVE July 2023
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