Swedish krona cape verdean escudo history for December 2023. The highest quote for this month is 9.994 (14/12/2023) and the lowest 10.244 (25/12/2023). The difference between high and low is -2.5.
SEK CVE average rate for December 2023 is 9.87543, the change between 01/12/2023 and 31/12/2023 is -3.52 %.
| 01 December 2023 | 1 SEK = 9.66 CVE |
| 04 December 2023 | 1 SEK = 9.77 CVE |
| 05 December 2023 | 1 SEK = 9.76 CVE |
| 06 December 2023 | 1 SEK = 9.74 CVE |
| 07 December 2023 | 1 SEK = 9.76 CVE |
| 08 December 2023 | 1 SEK = 9.83 CVE |
| 11 December 2023 | 1 SEK = 9.79 CVE |
| 12 December 2023 | 1 SEK = 9.77 CVE |
| 13 December 2023 | 1 SEK = 9.79 CVE |
| 14 December 2023 | 1 SEK = 9.92 CVE |
| 15 December 2023 | 1 SEK = 10.06 CVE |
| 18 December 2023 | 1 SEK = 9.85 CVE |
| 19 December 2023 | 1 SEK = 9.89 CVE |
| 20 December 2023 | 1 SEK = 9.89 CVE |
| 21 December 2023 | 1 SEK = 9.89 CVE |
| 22 December 2023 | 1 SEK = 9.95 CVE |
| 25 December 2023 | 1 SEK = 10.03 CVE |
| 26 December 2023 | 1 SEK = 10.03 CVE |
| 27 December 2023 | 1 SEK = 10.01 CVE |
| 28 December 2023 | 1 SEK = 9.99 CVE |
| 29 December 2023 | 1 SEK = 10.00 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.