Tanzanian Shilling cape verdean escudo history for January 2024. The highest quote for this month is 0.040349 (26/01/2024) and the lowest 0.040847 (08/01/2024). The difference between high and low is -1.23.
TZS CVE average rate for January 2024 is 0.04022, the change between 01/01/2024 and 31/01/2024 is +0.77 %.
| 01 January 2024 | 1 TZS = 0.0403 CVE |
| 02 January 2024 | 1 TZS = 0.0403 CVE |
| 03 January 2024 | 1 TZS = 0.0396 CVE |
| 04 January 2024 | 1 TZS = 0.0400 CVE |
| 05 January 2024 | 1 TZS = 0.0401 CVE |
| 06 January 2024 | 1 TZS = 0.0399 CVE |
| 07 January 2024 | 1 TZS = 0.0399 CVE |
| 08 January 2024 | 1 TZS = 0.0409 CVE |
| 09 January 2024 | 1 TZS = 0.0400 CVE |
| 10 January 2024 | 1 TZS = 0.0401 CVE |
| 11 January 2024 | 1 TZS = 0.0400 CVE |
| 12 January 2024 | 1 TZS = 0.0400 CVE |
| 14 January 2024 | 1 TZS = 0.0401 CVE |
| 15 January 2024 | 1 TZS = 0.0408 CVE |
| 16 January 2024 | 1 TZS = 0.0401 CVE |
| 17 January 2024 | 1 TZS = 0.0409 CVE |
| 18 January 2024 | 1 TZS = 0.0402 CVE |
| 19 January 2024 | 1 TZS = 0.0403 CVE |
| 22 January 2024 | 1 TZS = 0.0410 CVE |
| 23 January 2024 | 1 TZS = 0.0402 CVE |
| 24 January 2024 | 1 TZS = 0.0405 CVE |
| 25 January 2024 | 1 TZS = 0.0401 CVE |
| 26 January 2024 | 1 TZS = 0.0403 CVE |
| 28 January 2024 | 1 TZS = 0.0399 CVE |
| 29 January 2024 | 1 TZS = 0.0406 CVE |
| 30 January 2024 | 1 TZS = 0.0401 CVE |
| 31 January 2024 | 1 TZS = 0.0400 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.