Russian ruble cape verdean escudo history for November 2023. The highest quote for this month is 1.1411 (22/11/2023) and the lowest 1.1605 (21/11/2023). The difference between high and low is -1.7.
RUB CVE average rate for November 2023 is 1.12892, the change between 01/11/2023 and 30/11/2023 is -1.1 %.
01 November 2023 | 1 RUB = 1.119 CVE |
02 November 2023 | 1 RUB = 1.130 CVE |
03 November 2023 | 1 RUB = 1.110 CVE |
06 November 2023 | 1 RUB = 1.120 CVE |
07 November 2023 | 1 RUB = 1.110 CVE |
08 November 2023 | 1 RUB = 1.122 CVE |
09 November 2023 | 1 RUB = 1.121 CVE |
10 November 2023 | 1 RUB = 1.123 CVE |
12 November 2023 | 1 RUB = 1.118 CVE |
13 November 2023 | 1 RUB = 1.116 CVE |
14 November 2023 | 1 RUB = 1.121 CVE |
15 November 2023 | 1 RUB = 1.138 CVE |
16 November 2023 | 1 RUB = 1.136 CVE |
17 November 2023 | 1 RUB = 1.137 CVE |
18 November 2023 | 1 RUB = 1.141 CVE |
19 November 2023 | 1 RUB = 1.141 CVE |
20 November 2023 | 1 RUB = 1.130 CVE |
21 November 2023 | 1 RUB = 1.138 CVE |
22 November 2023 | 1 RUB = 1.144 CVE |
23 November 2023 | 1 RUB = 1.144 CVE |
24 November 2023 | 1 RUB = 1.146 CVE |
26 November 2023 | 1 RUB = 1.127 CVE |
27 November 2023 | 1 RUB = 1.128 CVE |
28 November 2023 | 1 RUB = 1.130 CVE |
29 November 2023 | 1 RUB = 1.130 CVE |
30 November 2023 | 1 RUB = 1.131 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.