Swedish krona cape verdean escudo history for August 2023. The highest quote for this month is 9.439 (01/08/2023) and the lowest 9.552 (04/08/2023). The difference between high and low is -1.2.
SEK CVE average rate for August 2023 is 9.35113, the change between 01/08/2023 and 31/08/2023 is +1.8 %.
| 01 August 2023 | 1 SEK = 9.52 CVE |
| 02 August 2023 | 1 SEK = 9.51 CVE |
| 03 August 2023 | 1 SEK = 9.40 CVE |
| 04 August 2023 | 1 SEK = 9.44 CVE |
| 07 August 2023 | 1 SEK = 9.45 CVE |
| 08 August 2023 | 1 SEK = 9.49 CVE |
| 09 August 2023 | 1 SEK = 9.39 CVE |
| 10 August 2023 | 1 SEK = 9.42 CVE |
| 11 August 2023 | 1 SEK = 9.34 CVE |
| 14 August 2023 | 1 SEK = 9.30 CVE |
| 15 August 2023 | 1 SEK = 9.36 CVE |
| 16 August 2023 | 1 SEK = 9.30 CVE |
| 17 August 2023 | 1 SEK = 9.25 CVE |
| 18 August 2023 | 1 SEK = 9.28 CVE |
| 21 August 2023 | 1 SEK = 9.23 CVE |
| 22 August 2023 | 1 SEK = 9.26 CVE |
| 23 August 2023 | 1 SEK = 9.30 CVE |
| 24 August 2023 | 1 SEK = 9.32 CVE |
| 25 August 2023 | 1 SEK = 9.25 CVE |
| 28 August 2023 | 1 SEK = 9.25 CVE |
| 29 August 2023 | 1 SEK = 9.30 CVE |
| 30 August 2023 | 1 SEK = 9.38 CVE |
| 31 August 2023 | 1 SEK = 9.35 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.