Historic Swedish krona Cape Verdean escudo

Swedish krona cape verdean escudo history for September 2023. The highest quote for this month is 9.545 (29/09/2023) and the lowest 9.619 (29/09/2023). The difference between high and low is -0.78.

SEK CVE average rate for September 2023 is 9.30167, the change between 01/09/2023 and 30/09/2023 is -3.28 %.

01 September 20231 SEK = 9.26 CVE
04 September 20231 SEK = 9.25 CVE
05 September 20231 SEK = 9.29 CVE
06 September 20231 SEK = 9.27 CVE
07 September 20231 SEK = 9.26 CVE
08 September 20231 SEK = 9.25 CVE
11 September 20231 SEK = 9.29 CVE
12 September 20231 SEK = 9.26 CVE
13 September 20231 SEK = 9.26 CVE
14 September 20231 SEK = 9.23 CVE
15 September 20231 SEK = 9.25 CVE
18 September 20231 SEK = 9.26 CVE
19 September 20231 SEK = 9.26 CVE
20 September 20231 SEK = 9.25 CVE
21 September 20231 SEK = 9.22 CVE
22 September 20231 SEK = 9.26 CVE
25 September 20231 SEK = 9.29 CVE
26 September 20231 SEK = 9.41 CVE
27 September 20231 SEK = 9.48 CVE
28 September 20231 SEK = 9.48 CVE
29 September 20231 SEK = 9.57 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.