Historic Swedish krona Cape Verdean escudo

Swedish krona cape verdean escudo history for June 2023. The highest quote for this month is 9.533 (14/06/2023) and the lowest 9.601 (15/06/2023). The difference between high and low is -0.71.

SEK CVE average rate for June 2023 is 9.45818, the change between 01/06/2023 and 30/06/2023 is +2.22 %.

01 June 20231 SEK = 9.55 CVE
02 June 20231 SEK = 9.53 CVE
05 June 20231 SEK = 9.51 CVE
06 June 20231 SEK = 9.49 CVE
07 June 20231 SEK = 9.45 CVE
08 June 20231 SEK = 9.47 CVE
09 June 20231 SEK = 9.46 CVE
12 June 20231 SEK = 9.47 CVE
13 June 20231 SEK = 9.49 CVE
14 June 20231 SEK = 9.57 CVE
15 June 20231 SEK = 9.49 CVE
16 June 20231 SEK = 9.51 CVE
19 June 20231 SEK = 9.45 CVE
20 June 20231 SEK = 9.40 CVE
21 June 20231 SEK = 9.37 CVE
22 June 20231 SEK = 9.46 CVE
23 June 20231 SEK = 9.42 CVE
26 June 20231 SEK = 9.41 CVE
27 June 20231 SEK = 9.44 CVE
28 June 20231 SEK = 9.43 CVE
29 June 20231 SEK = 9.40 CVE
30 June 20231 SEK = 9.34 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.