Historic Thai baht Cape Verdean escudo

Thai baht cape verdean escudo history for February 2024. The highest quote for this month is 2.8785 (07/02/2024) and the lowest 2.9001 (03/02/2024). The difference between high and low is -0.75.

THB CVE average rate for February 2024 is 2.85054, the change between 01/02/2024 and 29/02/2024 is +0.9 %.

01 February 20241 THB = 2.855 CVE
02 February 20241 THB = 2.880 CVE
03 February 20241 THB = 2.872 CVE
04 February 20241 THB = 2.874 CVE
05 February 20241 THB = 2.874 CVE
06 February 20241 THB = 2.870 CVE
07 February 20241 THB = 2.886 CVE
08 February 20241 THB = 2.886 CVE
09 February 20241 THB = 2.857 CVE
12 February 20241 THB = 2.851 CVE
13 February 20241 THB = 2.852 CVE
14 February 20241 THB = 2.853 CVE
15 February 20241 THB = 2.850 CVE
16 February 20241 THB = 2.844 CVE
17 February 20241 THB = 2.850 CVE
18 February 20241 THB = 2.837 CVE
19 February 20241 THB = 2.846 CVE
20 February 20241 THB = 2.832 CVE
21 February 20241 THB = 2.835 CVE
22 February 20241 THB = 2.843 CVE
23 February 20241 THB = 2.833 CVE
24 February 20241 THB = 2.836 CVE
25 February 20241 THB = 2.825 CVE
26 February 20241 THB = 2.831 CVE
27 February 20241 THB = 2.829 CVE
28 February 20241 THB = 2.833 CVE
29 February 20241 THB = 2.830 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.

15/04/2019: Coronation of King Rama X

King Maha Vajiralongkorn's coronation ceremony took place, affirming stability and continuity in the monarchy.

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.

19/09/2006: 2006 Thai coup d'état

The military staged a coup overthrowing the government, causing political instability and affecting the currency.

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.

02/07/1997: Asian Financial Crisis

The Thai baht was devalued triggering the Asian financial crisis, resulting in economic recession and structural reforms.

01/01/1980: Currency Floatation

The Thai baht was shifted from a fixed to a floating exchange rate system, leading to increased volatility.

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.

14/10/1973: October 14 Uprising

A popular uprising against the military dictatorship led to political reforms and an increase in public participation.

01/01/1942: Japanese Occupation

During World War II, Thailand was occupied by Japan, leading to the introduction of Japanese-sponsored banknotes.

24/06/1932: Siamese Revolution

The Siamese Revolution resulted in the establishment of a constitutional monarchy, marking the beginning of political changes in Thailand.
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