Uruguayan peso cape verdean escudo exchange rate history (UYU CVE) December 2023

Uruguayan peso cape verdean escudo history for December 2023. The highest quote for this month is 2.654 (11/12/2023) and the lowest 2.6541 (11/12/2023). The difference between high and low is 0.

UYU CVE average rate for December 2023 is 2.59863, the change between 01/12/2023 and 31/12/2023 is +2.1 %.

01 December 2023	1 UYU = 2.620 CVE
02 December 2023	1 UYU = 2.593 CVE
03 December 2023	1 UYU = 2.593 CVE
04 December 2023	1 UYU = 2.625 CVE
05 December 2023	1 UYU = 2.637 CVE
06 December 2023	1 UYU = 2.657 CVE
07 December 2023	1 UYU = 2.648 CVE
08 December 2023	1 UYU = 2.641 CVE
10 December 2023	1 UYU = 2.622 CVE
11 December 2023	1 UYU = 2.654 CVE
12 December 2023	1 UYU = 2.652 CVE
13 December 2023	1 UYU = 2.634 CVE
14 December 2023	1 UYU = 2.637 CVE
15 December 2023	1 UYU = 2.621 CVE
16 December 2023	1 UYU = 2.545 CVE
17 December 2023	1 UYU = 2.545 CVE
18 December 2023	1 UYU = 2.550 CVE
19 December 2023	1 UYU = 2.585 CVE
20 December 2023	1 UYU = 2.586 CVE
21 December 2023	1 UYU = 2.589 CVE
22 December 2023	1 UYU = 2.593 CVE
23 December 2023	1 UYU = 2.562 CVE
24 December 2023	1 UYU = 2.543 CVE
25 December 2023	1 UYU = 2.569 CVE
26 December 2023	1 UYU = 2.571 CVE
27 December 2023	1 UYU = 2.562 CVE
28 December 2023	1 UYU = 2.564 CVE
29 December 2023	1 UYU = 2.565 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.