Historic Serbian Dinar Cape Verdean escudo

Serbian Dinar cape verdean escudo history for September 2023. The highest quote for this month is 0.9426 (11/09/2023) and the lowest 0.95 (25/09/2023). The difference between high and low is -0.79.

RSD CVE average rate for September 2023 is 0.94431, the change between 01/09/2023 and 30/09/2023 is -0.7 %.

01 September 20231 RSD = 0.9389 CVE
04 September 20231 RSD = 0.9498 CVE
05 September 20231 RSD = 0.9441 CVE
06 September 20231 RSD = 0.9449 CVE
07 September 20231 RSD = 0.9447 CVE
08 September 20231 RSD = 0.9407 CVE
11 September 20231 RSD = 0.9494 CVE
12 September 20231 RSD = 0.9415 CVE
13 September 20231 RSD = 0.9448 CVE
14 September 20231 RSD = 0.9445 CVE
15 September 20231 RSD = 0.9429 CVE
18 September 20231 RSD = 0.9499 CVE
19 September 20231 RSD = 0.9447 CVE
20 September 20231 RSD = 0.9441 CVE
21 September 20231 RSD = 0.9371 CVE
22 September 20231 RSD = 0.9439 CVE
25 September 20231 RSD = 0.9500 CVE
26 September 20231 RSD = 0.9444 CVE
27 September 20231 RSD = 0.9409 CVE
28 September 20231 RSD = 0.9438 CVE
29 September 20231 RSD = 0.9455 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.

06/10/2008: Serbia applies for EU membership

Serbia officially applied for membership in the European Union, which could potentially impact the future of the Serbian Dinar as Serbia aligns with EU policies.

03/06/2006: Montenegro adopts the Euro

Montenegro unilaterally adopted the Euro as its official currency, while Serbia continued to use the Serbian Dinar.

01/01/2005: Decimalization of the escudo

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

01/07/2003: Introduction of the Serbian Dinar

After the state union with Montenegro dissolved, Serbia reintroduced the Serbian Dinar as its national currency, replacing the New Dinar.

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.

01/04/1992: Introduction of the New Dinar

Due to the breakup of Yugoslavia, Serbia introduced the New Dinar as its currency, replacing the Yugoslav Dinar.

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.

20/10/1944: Introduction of the Yugoslav Dinar

The Yugoslav Dinar was introduced, replacing the former currency in circulation, including the Serbian Dinar.

01/11/1918: Merger with the Yugoslav Dinar

After World War I, the Serbian Dinar merged with the Yugoslav Dinar to form a unified currency for the Kingdom of Serbs, Croats, and Slovenes.

24/04/1868: Introduction of Serbian Dinar

The Serbian Dinar was introduced as the official currency of Serbia to replace the Ottoman akçe.