Historic Singapore dollar Cape Verdean escudo

Singapore dollar cape verdean escudo history for January 2024. The highest quote for this month is 76.061 (06/01/2024) and the lowest 76.001 (31/01/2024). The difference between high and low is 0.08.

SGD CVE average rate for January 2024 is 75.59867, the change between 01/01/2024 and 31/01/2024 is -0.42 %.

01 January 20241 SGD = 75.61 CVE
02 January 20241 SGD = 75.67 CVE
03 January 20241 SGD = 75.17 CVE
04 January 20241 SGD = 75.81 CVE
05 January 20241 SGD = 75.79 CVE
06 January 20241 SGD = 75.31 CVE
07 January 20241 SGD = 75.31 CVE
08 January 20241 SGD = 75.77 CVE
09 January 20241 SGD = 75.68 CVE
10 January 20241 SGD = 75.76 CVE
11 January 20241 SGD = 75.52 CVE
12 January 20241 SGD = 75.59 CVE
14 January 20241 SGD = 75.55 CVE
15 January 20241 SGD = 75.50 CVE
16 January 20241 SGD = 75.44 CVE
17 January 20241 SGD = 75.52 CVE
18 January 20241 SGD = 75.50 CVE
19 January 20241 SGD = 75.43 CVE
22 January 20241 SGD = 75.50 CVE
23 January 20241 SGD = 75.38 CVE
24 January 20241 SGD = 75.89 CVE
25 January 20241 SGD = 75.50 CVE
26 January 20241 SGD = 75.66 CVE
28 January 20241 SGD = 75.63 CVE
29 January 20241 SGD = 75.63 CVE
30 January 20241 SGD = 76.14 CVE
31 January 20241 SGD = 75.94 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.

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

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.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.
SGD CVE July 2023
SGD CVE August 2023
SGD CVE September 2023
SGD CVE October 2023
SGD CVE November 2023
SGD CVE December 2023
SGD CVE January 2024
SGD CVE February 2024
SGD CVE March 2024
SGD CVE April 2024
SGD CVE May 2024
SGD CVE June 2024
SGD CVE July 2024