Historic Omani rial Cape Verdean escudo

Omani rial cape verdean escudo history for February 2024. The highest quote for this month is 268.2 (14/02/2024) and the lowest 275.05 (12/02/2024). The difference between high and low is -2.55.

OMR CVE average rate for February 2024 is 266.06926, the change between 01/02/2024 and 29/02/2024 is -0.23 %.

01 February 20241 OMR = 264.6 CVE
02 February 20241 OMR = 265.0 CVE
03 February 20241 OMR = 265.2 CVE
04 February 20241 OMR = 265.2 CVE
05 February 20241 OMR = 266.3 CVE
06 February 20241 OMR = 267.6 CVE
07 February 20241 OMR = 267.5 CVE
08 February 20241 OMR = 267.0 CVE
09 February 20241 OMR = 266.8 CVE
12 February 20241 OMR = 266.4 CVE
13 February 20241 OMR = 266.7 CVE
14 February 20241 OMR = 268.3 CVE
15 February 20241 OMR = 267.9 CVE
16 February 20241 OMR = 267.2 CVE
17 February 20241 OMR = 266.4 CVE
18 February 20241 OMR = 266.4 CVE
19 February 20241 OMR = 266.5 CVE
20 February 20241 OMR = 266.7 CVE
21 February 20241 OMR = 265.9 CVE
22 February 20241 OMR = 265.7 CVE
23 February 20241 OMR = 265.4 CVE
24 February 20241 OMR = 264.5 CVE
25 February 20241 OMR = 264.5 CVE
26 February 20241 OMR = 265.0 CVE
27 February 20241 OMR = 265.1 CVE
28 February 20241 OMR = 265.0 CVE
29 February 20241 OMR = 265.2 CVE

16/03/2021: New 5 Rial Polymer Banknote Introduced

A new polymer banknote with a denomination of 5 rials was introduced, enhancing durability and security features of the currency.

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.

01/01/2005: Decimalization of the escudo

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

15/01/2003: New Omani Rial Banknotes Issued

New series of Omani rial banknotes were introduced, featuring enhanced security features and updated designs.

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.

12/06/1994: Smaller Denomination Coins Issued

Small denomination coins, including 5, 10, 25, and 50 baisa coins, were issued in order to facilitate everyday transactions.

17/03/1986: 200 Baisa Coin Introduced

A new 200 baisa coin was introduced, becoming the highest denomination coin in circulation at that time.

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.

11/11/1975: 1/8 Rial Copper-Nickel Coin Introduced

A new 1/8 rial coin made of copper-nickel was introduced, representing a fractional value of the rial currency.

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.

02/03/1973: Rial Oman Pegged to US Dollar

The Omani rial was officially pegged to the United States dollar, with an exchange rate of 1 OMR = 2.895 USD.

27/07/1970: Rial Oman is Introduced

The Omani rial was introduced, replacing the Gulf rupee at a rate of 1 rial = 2.6008 rupees.
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