Historic Uruguayan peso Cape Verdean escudo

Uruguayan peso cape verdean escudo history for August 2023. The highest quote for this month is 2.7463 (28/08/2023) and the lowest 2.7463 (25/08/2023). The difference between high and low is 0.

UYU CVE average rate for August 2023 is 2.69997, the change between 01/08/2023 and 31/08/2023 is -1.24 %.

01 August 20231 UYU = 2.691 CVE
02 August 20231 UYU = 2.703 CVE
03 August 20231 UYU = 2.722 CVE
04 August 20231 UYU = 2.726 CVE
07 August 20231 UYU = 2.699 CVE
08 August 20231 UYU = 2.663 CVE
09 August 20231 UYU = 2.682 CVE
10 August 20231 UYU = 2.677 CVE
11 August 20231 UYU = 2.647 CVE
12 August 20231 UYU = 2.657 CVE
14 August 20231 UYU = 2.680 CVE
15 August 20231 UYU = 2.712 CVE
16 August 20231 UYU = 2.704 CVE
17 August 20231 UYU = 2.658 CVE
18 August 20231 UYU = 2.671 CVE
19 August 20231 UYU = 2.691 CVE
20 August 20231 UYU = 2.691 CVE
21 August 20231 UYU = 2.721 CVE
22 August 20231 UYU = 2.727 CVE
23 August 20231 UYU = 2.725 CVE
24 August 20231 UYU = 2.727 CVE
25 August 20231 UYU = 2.730 CVE
27 August 20231 UYU = 2.633 CVE
28 August 20231 UYU = 2.746 CVE
29 August 20231 UYU = 2.745 CVE
30 August 20231 UYU = 2.746 CVE
31 August 20231 UYU = 2.725 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.

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.

01/01/2005: 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.

17/11/1977: 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.