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 2023 | 1 SEK = 9.55 CVE |
02 June 2023 | 1 SEK = 9.53 CVE |
05 June 2023 | 1 SEK = 9.51 CVE |
06 June 2023 | 1 SEK = 9.49 CVE |
07 June 2023 | 1 SEK = 9.45 CVE |
08 June 2023 | 1 SEK = 9.47 CVE |
09 June 2023 | 1 SEK = 9.46 CVE |
12 June 2023 | 1 SEK = 9.47 CVE |
13 June 2023 | 1 SEK = 9.49 CVE |
14 June 2023 | 1 SEK = 9.57 CVE |
15 June 2023 | 1 SEK = 9.49 CVE |
16 June 2023 | 1 SEK = 9.51 CVE |
19 June 2023 | 1 SEK = 9.45 CVE |
20 June 2023 | 1 SEK = 9.40 CVE |
21 June 2023 | 1 SEK = 9.37 CVE |
22 June 2023 | 1 SEK = 9.46 CVE |
23 June 2023 | 1 SEK = 9.42 CVE |
26 June 2023 | 1 SEK = 9.41 CVE |
27 June 2023 | 1 SEK = 9.44 CVE |
28 June 2023 | 1 SEK = 9.43 CVE |
29 June 2023 | 1 SEK = 9.40 CVE |
30 June 2023 | 1 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.