Historic Uruguayan peso Cape Verdean escudo

Uruguayan peso cape verdean escudo history for October 2023. The highest quote for this month is 2.7616 (04/10/2023) and the lowest 2.7619 (03/10/2023). The difference between high and low is -0.01.

UYU CVE average rate for October 2023 is 2.6711, the change between 01/10/2023 and 31/10/2023 is +2.26 %.

01 October 20231 UYU = 2.708 CVE
02 October 20231 UYU = 2.742 CVE
03 October 20231 UYU = 2.769 CVE
04 October 20231 UYU = 2.770 CVE
05 October 20231 UYU = 2.754 CVE
06 October 20231 UYU = 2.717 CVE
07 October 20231 UYU = 2.661 CVE
09 October 20231 UYU = 2.707 CVE
10 October 20231 UYU = 2.715 CVE
11 October 20231 UYU = 2.665 CVE
12 October 20231 UYU = 2.640 CVE
13 October 20231 UYU = 2.650 CVE
16 October 20231 UYU = 2.676 CVE
17 October 20231 UYU = 2.651 CVE
18 October 20231 UYU = 2.651 CVE
19 October 20231 UYU = 2.652 CVE
20 October 20231 UYU = 2.652 CVE
21 October 20231 UYU = 2.611 CVE
22 October 20231 UYU = 2.611 CVE
23 October 20231 UYU = 2.648 CVE
24 October 20231 UYU = 2.627 CVE
25 October 20231 UYU = 2.626 CVE
26 October 20231 UYU = 2.650 CVE
27 October 20231 UYU = 2.651 CVE
29 October 20231 UYU = 2.615 CVE
30 October 20231 UYU = 2.656 CVE
31 October 20231 UYU = 2.647 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.