Historic Ugandan Shilling Cape Verdean escudo

Ugandan Shilling cape verdean escudo history for January 2024. The highest quote for this month is 0.02703 (30/01/2024) and the lowest 0.02698 (30/01/2024). The difference between high and low is 0.18.

UGX CVE average rate for January 2024 is 0.02677, the change between 01/01/2024 and 31/01/2024 is -1.25 %.

01 January 20241 UGX = 0.0266 CVE
02 January 20241 UGX = 0.0266 CVE
03 January 20241 UGX = 0.0266 CVE
04 January 20241 UGX = 0.0267 CVE
05 January 20241 UGX = 0.0267 CVE
06 January 20241 UGX = 0.0264 CVE
07 January 20241 UGX = 0.0264 CVE
08 January 20241 UGX = 0.0269 CVE
09 January 20241 UGX = 0.0267 CVE
10 January 20241 UGX = 0.0268 CVE
11 January 20241 UGX = 0.0267 CVE
12 January 20241 UGX = 0.0267 CVE
14 January 20241 UGX = 0.0265 CVE
15 January 20241 UGX = 0.0268 CVE
16 January 20241 UGX = 0.0267 CVE
17 January 20241 UGX = 0.0268 CVE
18 January 20241 UGX = 0.0269 CVE
19 January 20241 UGX = 0.0269 CVE
22 January 20241 UGX = 0.0269 CVE
23 January 20241 UGX = 0.0268 CVE
24 January 20241 UGX = 0.0270 CVE
25 January 20241 UGX = 0.0268 CVE
26 January 20241 UGX = 0.0269 CVE
28 January 20241 UGX = 0.0266 CVE
29 January 20241 UGX = 0.0269 CVE
30 January 20241 UGX = 0.0270 CVE
31 January 20241 UGX = 0.0270 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