Russian ruble cape verdean escudo history for July 2023. The highest quote for this month is 1.125 (03/07/2023) and the lowest 1.1503 (03/07/2023). The difference between high and low is -2.25.
RUB CVE average rate for July 2023 is 1.10206, the change between 01/07/2023 and 31/07/2023 is +5.44 %.
| 03 July 2023 | 1 RUB = 1.148 CVE |
| 04 July 2023 | 1 RUB = 1.129 CVE |
| 05 July 2023 | 1 RUB = 1.125 CVE |
| 06 July 2023 | 1 RUB = 1.113 CVE |
| 07 July 2023 | 1 RUB = 1.111 CVE |
| 10 July 2023 | 1 RUB = 1.101 CVE |
| 11 July 2023 | 1 RUB = 1.109 CVE |
| 12 July 2023 | 1 RUB = 1.108 CVE |
| 13 July 2023 | 1 RUB = 1.094 CVE |
| 14 July 2023 | 1 RUB = 1.092 CVE |
| 17 July 2023 | 1 RUB = 1.087 CVE |
| 18 July 2023 | 1 RUB = 1.083 CVE |
| 19 July 2023 | 1 RUB = 1.077 CVE |
| 20 July 2023 | 1 RUB = 1.072 CVE |
| 21 July 2023 | 1 RUB = 1.100 CVE |
| 24 July 2023 | 1 RUB = 1.095 CVE |
| 25 July 2023 | 1 RUB = 1.102 CVE |
| 26 July 2023 | 1 RUB = 1.107 CVE |
| 27 July 2023 | 1 RUB = 1.106 CVE |
| 28 July 2023 | 1 RUB = 1.097 CVE |
| 31 July 2023 | 1 RUB = 1.086 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.
01/01/2005: 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.
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.