Historic Paraguayan Guaraní Cape Verdean escudo

Paraguayan Guaraní cape verdean escudo history for February 2024. The highest quote for this month is 0.014369 (06/02/2024) and the lowest 0.014391 (14/02/2024). The difference between high and low is -0.15.

PYG CVE average rate for February 2024 is 0.01421, the change between 01/02/2024 and 29/02/2024 is -0.04 %.

01 February 20241 PYG = 0.0142 CVE
02 February 20241 PYG = 0.0142 CVE
03 February 20241 PYG = 0.0141 CVE
04 February 20241 PYG = 0.0141 CVE
05 February 20241 PYG = 0.0142 CVE
06 February 20241 PYG = 0.0144 CVE
07 February 20241 PYG = 0.0144 CVE
08 February 20241 PYG = 0.0143 CVE
09 February 20241 PYG = 0.0143 CVE
12 February 20241 PYG = 0.0143 CVE
13 February 20241 PYG = 0.0143 CVE
14 February 20241 PYG = 0.0144 CVE
15 February 20241 PYG = 0.0144 CVE
16 February 20241 PYG = 0.0143 CVE
17 February 20241 PYG = 0.0141 CVE
18 February 20241 PYG = 0.0141 CVE
19 February 20241 PYG = 0.0143 CVE
20 February 20241 PYG = 0.0143 CVE
21 February 20241 PYG = 0.0142 CVE
22 February 20241 PYG = 0.0142 CVE
23 February 20241 PYG = 0.0142 CVE
24 February 20241 PYG = 0.0140 CVE
25 February 20241 PYG = 0.0140 CVE
26 February 20241 PYG = 0.0142 CVE
27 February 20241 PYG = 0.0142 CVE
28 February 20241 PYG = 0.0142 CVE
29 February 20241 PYG = 0.0142 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.

31/07/2013: Polymer Banknotes Issued

Polymer banknotes were issued in Paraguay, enhancing durability and counterfeit resistance of currency notes.

24/10/2011: Currency Redenomination

A currency redenomination took place, where 1,000 old Guaraní became equal to 1 new Guaraní.

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.

12/06/1995: Introduction of New Banknotes

New banknotes were introduced, featuring enhanced security features and updated designs.

01/03/1990: New Currency Symbol

A new currency symbol, ₲, was officially adopted for the Paraguayan Guaraní.

12/04/1982: Decree on Currency Stability

The Paraguayan government issued a decree to maintain the stability of the Paraguayan Guaraní.

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.

30/10/1953: Monetary Reform

A new monetary reform was implemented, replacing existing banknotes with new designs.

04/03/1943: Paraguayan Guaraní Introduced

The Paraguayan government introduced the Paraguayan Guaraní as the official currency of Paraguay.