Historic Trinidad & Tobago Dollar Cape Verdean escudo

Trinidad & Tobago Dollar cape verdean escudo history for February 2024. The highest quote for this month is 15.467 (15/02/2024) and the lowest 15.481 (14/02/2024). The difference between high and low is -0.09.

TTD CVE average rate for February 2024 is 15.32589, the change between 01/02/2024 and 29/02/2024 is -0.07 %.

01 February 20241 TTD = 15.32 CVE
02 February 20241 TTD = 15.32 CVE
03 February 20241 TTD = 15.24 CVE
04 February 20241 TTD = 15.24 CVE
05 February 20241 TTD = 15.25 CVE
06 February 20241 TTD = 15.42 CVE
07 February 20241 TTD = 15.43 CVE
08 February 20241 TTD = 15.40 CVE
09 February 20241 TTD = 15.39 CVE
12 February 20241 TTD = 15.40 CVE
13 February 20241 TTD = 15.39 CVE
14 February 20241 TTD = 15.48 CVE
15 February 20241 TTD = 15.46 CVE
16 February 20241 TTD = 15.43 CVE
17 February 20241 TTD = 15.25 CVE
18 February 20241 TTD = 15.25 CVE
19 February 20241 TTD = 15.39 CVE
20 February 20241 TTD = 15.40 CVE
21 February 20241 TTD = 15.34 CVE
22 February 20241 TTD = 15.32 CVE
23 February 20241 TTD = 15.29 CVE
24 February 20241 TTD = 15.11 CVE
25 February 20241 TTD = 15.11 CVE
26 February 20241 TTD = 15.30 CVE
27 February 20241 TTD = 15.27 CVE
28 February 20241 TTD = 15.29 CVE
29 February 20241 TTD = 15.33 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.

26/03/2020: COVID-19 Pandemic

The COVID-19 pandemic caused economic disruptions, leading to a decline in tourism and affecting the exchange rate of the TTD.

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.

19/09/2008: Global Financial Crisis

The global financial crisis had a significant impact on the value of the Trinidad & Tobago Dollar and the country's economy.

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.

17/05/1993: Introduction of Polymer Banknotes

Trinidad & Tobago introduced polymer banknotes to replace the traditional paper currency, enhancing security and durability.

27/07/1990: Attempted Coup d'État

An attempted coup d'état took place in Trinidad & Tobago, causing economic instability and impacting the value of the TTD.

31/12/1983: Floatation of the Trinidad & Tobago Dollar

Trinidad & Tobago abandoned the fixed exchange rate system, allowing the TTD to float freely against other currencies.

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.

07/06/1976: Central Bank of Trinidad and Tobago Established

The Central Bank of Trinidad and Tobago was established, becoming the country's central monetary authority.

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.

01/01/1964: Introduction of the Trinidad & Tobago Dollar

The Trinidad & Tobago Dollar was introduced as the official currency, replacing the British West Indies Dollar.
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