Singapore dollar cape verdean escudo exchange rate history (SGD CVE) October 2023

Singapore dollar cape verdean escudo history for October 2023. The highest quote for this month is 76.561 (04/10/2023) and the lowest 76.639 (06/10/2023). The difference between high and low is -0.1.

SGD CVE average rate for October 2023 is 76.17985, the change between 01/10/2023 and 31/10/2023 is +0 %.

01 October 2023	1 SGD = 76.22 CVE
02 October 2023	1 SGD = 76.20 CVE
03 October 2023	1 SGD = 76.46 CVE
04 October 2023	1 SGD = 76.67 CVE
05 October 2023	1 SGD = 76.54 CVE
06 October 2023	1 SGD = 76.45 CVE
07 October 2023	1 SGD = 76.31 CVE
09 October 2023	1 SGD = 76.13 CVE
10 October 2023	1 SGD = 76.76 CVE
11 October 2023	1 SGD = 76.39 CVE
12 October 2023	1 SGD = 76.18 CVE
13 October 2023	1 SGD = 76.29 CVE
16 October 2023	1 SGD = 76.61 CVE
17 October 2023	1 SGD = 76.37 CVE
18 October 2023	1 SGD = 76.24 CVE
19 October 2023	1 SGD = 76.09 CVE
20 October 2023	1 SGD = 75.99 CVE
21 October 2023	1 SGD = 75.88 CVE
22 October 2023	1 SGD = 75.87 CVE
23 October 2023	1 SGD = 75.76 CVE
24 October 2023	1 SGD = 75.55 CVE
25 October 2023	1 SGD = 75.48 CVE
26 October 2023	1 SGD = 75.93 CVE
27 October 2023	1 SGD = 76.13 CVE
29 October 2023	1 SGD = 76.11 CVE
30 October 2023	1 SGD = 76.07 CVE
31 October 2023	1 SGD = 76.22 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.

Historic Singapore dollar Cape Verdean escudo