Historic Thai baht Cape Verdean escudo

Thai baht cape verdean escudo history for January 2024. The highest quote for this month is 2.9256 (02/01/2024) and the lowest 2.943 (03/01/2024). The difference between high and low is -0.59.

THB CVE average rate for January 2024 is 2.87571, the change between 01/01/2024 and 31/01/2024 is +0.72 %.

01 January 20241 THB = 2.898 CVE
02 January 20241 THB = 2.908 CVE
03 January 20241 THB = 2.914 CVE
04 January 20241 THB = 2.924 CVE
05 January 20241 THB = 2.921 CVE
06 January 20241 THB = 2.886 CVE
07 January 20241 THB = 2.892 CVE
08 January 20241 THB = 2.909 CVE
09 January 20241 THB = 2.878 CVE
10 January 20241 THB = 2.888 CVE
11 January 20241 THB = 2.870 CVE
12 January 20241 THB = 2.873 CVE
14 January 20241 THB = 2.882 CVE
15 January 20241 THB = 2.877 CVE
16 January 20241 THB = 2.879 CVE
17 January 20241 THB = 2.865 CVE
18 January 20241 THB = 2.853 CVE
19 January 20241 THB = 2.853 CVE
22 January 20241 THB = 2.848 CVE
23 January 20241 THB = 2.844 CVE
24 January 20241 THB = 2.855 CVE
25 January 20241 THB = 2.833 CVE
26 January 20241 THB = 2.838 CVE
28 January 20241 THB = 2.852 CVE
29 January 20241 THB = 2.851 CVE
30 January 20241 THB = 2.879 CVE
31 January 20241 THB = 2.877 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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