Historic Thai baht Cape Verdean escudo

Thai baht cape verdean escudo history for October 2019. The highest quote for this month is 3.3077 (09/10/2019) and the lowest 3.3755 (07/10/2019). The difference between high and low is -2.05.

THB CVE average rate for October 2019 is 3.28693, the change between 01/10/2019 and 31/10/2019 is +0.53 %.

01 October 20191 THB = 3.305 CVE
02 October 20191 THB = 3.295 CVE
03 October 20191 THB = 3.290 CVE
04 October 20191 THB = 3.298 CVE
07 October 20191 THB = 3.301 CVE
08 October 20191 THB = 3.290 CVE
09 October 20191 THB = 3.301 CVE
10 October 20191 THB = 3.312 CVE
11 October 20191 THB = 3.288 CVE
14 October 20191 THB = 3.289 CVE
15 October 20191 THB = 3.290 CVE
16 October 20191 THB = 3.283 CVE
17 October 20191 THB = 3.287 CVE
18 October 20191 THB = 3.272 CVE
21 October 20191 THB = 3.266 CVE
22 October 20191 THB = 3.261 CVE
23 October 20191 THB = 3.270 CVE
24 October 20191 THB = 3.271 CVE
25 October 20191 THB = 3.279 CVE
28 October 20191 THB = 3.294 CVE
29 October 20191 THB = 3.286 CVE
30 October 20191 THB = 3.283 CVE
31 October 20191 THB = 3.288 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.