Seychellois Rupee cape verdean escudo history for September 2023. The highest quote for this month is 8.6037 (15/09/2023) and the lowest 8.9721 (28/09/2023). The difference between high and low is -4.28.
SCR CVE average rate for September 2023 is 8.1536, the change between 01/09/2023 and 30/09/2023 is +9.22 %.
01 September 2023 | 1 SCR = 8.20 CVE |
04 September 2023 | 1 SCR = 7.78 CVE |
05 September 2023 | 1 SCR = 8.23 CVE |
06 September 2023 | 1 SCR = 8.40 CVE |
07 September 2023 | 1 SCR = 8.49 CVE |
08 September 2023 | 1 SCR = 8.30 CVE |
11 September 2023 | 1 SCR = 7.99 CVE |
12 September 2023 | 1 SCR = 8.46 CVE |
13 September 2023 | 1 SCR = 8.37 CVE |
14 September 2023 | 1 SCR = 8.54 CVE |
15 September 2023 | 1 SCR = 8.53 CVE |
18 September 2023 | 1 SCR = 8.13 CVE |
19 September 2023 | 1 SCR = 8.13 CVE |
20 September 2023 | 1 SCR = 8.02 CVE |
21 September 2023 | 1 SCR = 8.74 CVE |
22 September 2023 | 1 SCR = 8.53 CVE |
23 September 2023 | 1 SCR = 7.41 CVE |
24 September 2023 | 1 SCR = 7.41 CVE |
25 September 2023 | 1 SCR = 8.03 CVE |
26 September 2023 | 1 SCR = 8.09 CVE |
27 September 2023 | 1 SCR = 8.21 CVE |
28 September 2023 | 1 SCR = 7.55 CVE |
29 September 2023 | 1 SCR = 8.69 CVE |
30 September 2023 | 1 SCR = 7.45 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.