Thai baht cape verdean escudo exchange rate history (THB CVE) November 2023

Thai baht cape verdean escudo history for November 2023. The highest quote for this month is 2.9043 (03/11/2023) and the lowest 2.9076 (09/11/2023). The difference between high and low is -0.11.

THB CVE average rate for November 2023 is 2.87926, the change between 01/11/2023 and 30/11/2023 is +0.33 %.

01 November 2023	1 THB = 2.892 CVE
02 November 2023	1 THB = 2.905 CVE
03 November 2023	1 THB = 2.879 CVE
06 November 2023	1 THB = 2.892 CVE
07 November 2023	1 THB = 2.897 CVE
08 November 2023	1 THB = 2.909 CVE
09 November 2023	1 THB = 2.896 CVE
10 November 2023	1 THB = 2.877 CVE
12 November 2023	1 THB = 2.869 CVE
13 November 2023	1 THB = 2.852 CVE
14 November 2023	1 THB = 2.862 CVE
15 November 2023	1 THB = 2.902 CVE
16 November 2023	1 THB = 2.862 CVE
17 November 2023	1 THB = 2.885 CVE
18 November 2023	1 THB = 2.890 CVE
19 November 2023	1 THB = 2.890 CVE
20 November 2023	1 THB = 2.877 CVE
21 November 2023	1 THB = 2.866 CVE
22 November 2023	1 THB = 2.873 CVE
23 November 2023	1 THB = 2.869 CVE
24 November 2023	1 THB = 2.866 CVE
26 November 2023	1 THB = 2.851 CVE
27 November 2023	1 THB = 2.847 CVE
28 November 2023	1 THB = 2.876 CVE
29 November 2023	1 THB = 2.897 CVE
30 November 2023	1 THB = 2.883 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.

Historic Thai baht Cape Verdean escudo