Swedish krona cape verdean escudo history for July 2023. The highest quote for this month is 9.577 (14/07/2023) and the lowest 9.687 (13/07/2023). The difference between high and low is -1.15.
SEK CVE average rate for July 2023 is 9.47695, the change between 01/07/2023 and 31/07/2023 is -1.41 %.
03 July 2023 | 1 SEK = 9.36 CVE |
04 July 2023 | 1 SEK = 9.32 CVE |
05 July 2023 | 1 SEK = 9.37 CVE |
06 July 2023 | 1 SEK = 9.27 CVE |
07 July 2023 | 1 SEK = 9.27 CVE |
10 July 2023 | 1 SEK = 9.28 CVE |
11 July 2023 | 1 SEK = 9.33 CVE |
12 July 2023 | 1 SEK = 9.41 CVE |
13 July 2023 | 1 SEK = 9.55 CVE |
14 July 2023 | 1 SEK = 9.65 CVE |
17 July 2023 | 1 SEK = 9.58 CVE |
18 July 2023 | 1 SEK = 9.58 CVE |
19 July 2023 | 1 SEK = 9.60 CVE |
20 July 2023 | 1 SEK = 9.60 CVE |
21 July 2023 | 1 SEK = 9.58 CVE |
24 July 2023 | 1 SEK = 9.54 CVE |
25 July 2023 | 1 SEK = 9.58 CVE |
26 July 2023 | 1 SEK = 9.62 CVE |
27 July 2023 | 1 SEK = 9.57 CVE |
28 July 2023 | 1 SEK = 9.48 CVE |
31 July 2023 | 1 SEK = 9.49 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.