Historic Ugandan Shilling Cape Verdean escudo

Ugandan Shilling cape verdean escudo history for February 2024. The highest quote for this month is 0.027148 (06/02/2024) and the lowest 0.027137 (07/02/2024). The difference between high and low is 0.04.

UGX CVE average rate for February 2024 is 0.02666, the change between 01/02/2024 and 29/02/2024 is +2.94 %.

01 February 20241 UGX = 0.0269 CVE
02 February 20241 UGX = 0.0269 CVE
03 February 20241 UGX = 0.0268 CVE
04 February 20241 UGX = 0.0268 CVE
05 February 20241 UGX = 0.0268 CVE
06 February 20241 UGX = 0.0271 CVE
07 February 20241 UGX = 0.0271 CVE
08 February 20241 UGX = 0.0271 CVE
09 February 20241 UGX = 0.0270 CVE
12 February 20241 UGX = 0.0268 CVE
13 February 20241 UGX = 0.0268 CVE
14 February 20241 UGX = 0.0269 CVE
15 February 20241 UGX = 0.0268 CVE
16 February 20241 UGX = 0.0268 CVE
17 February 20241 UGX = 0.0265 CVE
18 February 20241 UGX = 0.0265 CVE
19 February 20241 UGX = 0.0267 CVE
20 February 20241 UGX = 0.0267 CVE
21 February 20241 UGX = 0.0266 CVE
22 February 20241 UGX = 0.0265 CVE
23 February 20241 UGX = 0.0264 CVE
24 February 20241 UGX = 0.0263 CVE
25 February 20241 UGX = 0.0263 CVE
26 February 20241 UGX = 0.0262 CVE
27 February 20241 UGX = 0.0260 CVE
28 February 20241 UGX = 0.0261 CVE
29 February 20241 UGX = 0.0262 CVE

03/06/2020: COVID-19 Impact on the Shilling

The Ugandan Shilling experienced a significant decline in value due to the economic impact of the COVID-19 pandemic.

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.

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.

01/09/2013: Withdrawal of Old Currency Series

The old series of Ugandan Shilling notes were phased out and replaced with the new currency series.

01/07/2010: Issue of New Currency Series

Uganda issued a new series of currency notes with enhanced security features to reduce counterfeiting.

01/01/2005: Decimalization of the escudo

The Cape Verdean escudo underwent a decimalization process, with the subdivision of 1 escudo into 100 centavos.

02/05/2003: Introduction of Coins

Uganda introduced coins denominated in Shillings to replace lower-value notes and facilitate transactions.

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.

15/05/1987: Introduction of the 500 Shilling Note

A new 500 Shilling note was introduced to combat the rapid inflation and devaluation of the currency.

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.

05/08/1972: Idi Amin's Currency Change

President Idi Amin ordered the demonetization of old Ugandan Shilling notes and replaced them with new ones, causing an economic crisis.

15/06/1966: Introduction of the Ugandan Shilling

The Ugandan Shilling was introduced as the official currency of Uganda following its independence from British colonial rule.
UGX CVE January 2024
UGX CVE February 2024
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UGX CVE January 2025