Currency.Wiki

1 Cape Verdean Escudo to US Dollar

Updated 2 minutes ago
Convert 1 CVE:USD
 CVE =
    USD
 Cape Verdean Escudo =  US Dollars
Trending: CV$ exchange rates for the last 24 hours
  • CVE/USD 0.009753 -0.00016547
  • CVE/EUR 0.009072 -0.00000555
  • CVE/JPY 1.532105 0.06793610
  • CVE/GBP 0.007670 -0.00008193
  • CVE/CHF 0.008750 0.00004779
  • CVE/MXN 0.178974 0.01235552
  • CVE/INR 0.814276 -0.00730177
  • CVE/BRL 0.051628 0.00233213
  • CVE/CNY 0.069333 -0.00189937

CVE/USD exchange rate analysis over the past 90 days

Cape Verdean Escudo to US Dollar exchange rate: Over the last 90 days, the Cape Verdean Escudo weakened by -1.70% against the US Dollar, declining from $0.0099 to $0.0098 per Cape Verdean Escudo. This trend reflects the evolving economic dynamics between the Cape Verde and the United States. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Cape Verde and United States.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Cape Verde and United States.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Cape Verde or United States.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Cape Verde relative to the United States.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

cve/usd Historical Chart

CV$
Cape Verdean Escudo Currency

Country: Cape Verde

Symbol: CV$

ISO Code: CVE

Bank: Bank of Cape Verde

Interesting fact about Cape Verdean Escudo

The Cape Verdean Escudo (CVE) is the official currency of Cape Verde. It was introduced in 1914, replacing the Cape Verdean real. The escudo is significant in Cape Verde as it is the means of exchange for goods and services, as well as the unit of account for financial transactions. It has played an important role in the country's economy and represents its sovereignty and economic stability.

$
US Dollar Currency

Country: United States

Symbol: $

ISO Code: USD

Bank: Federal Reserve System

Interesting fact about US Dollar

The United States Dollar (USD) is the official currency of the United States. Its history dates back to 1792 when it was first established as the country's monetary unit. Today, the USD is one of the most widely accepted and recognized currencies globally. It serves as a symbol of economic strength, stability, and as a medium for international trade and transactions.

Quick Conversion Guide

Frequently Asked Questions

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The Cape Verdean Escudo to US Dollar exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 CVE to USD is $0.01.
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Yes, our site provides historical charts that show the trends and fluctuations in the Cape Verdean Escudo to US Dollar exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.