Currency.Wiki

1 US Dollar to Cape Verdean Escudo

Updated 5 minutes ago
Convert 1 USD:CVE
 USD =
    CVE
 US Dollar =  Cape Verdean Escudos
Trending: $ exchange rates for the last 24 hours
  • USD/EUR 0.919150 -0.00887300
  • USD/JPY 155.675000 5.40233333
  • USD/GBP 0.787092 -0.00734200
  • USD/CHF 0.909012 0.02607800
  • USD/MXN 16.608600 -0.43900000
  • USD/INR 83.300550 0.27989700
  • USD/BRL 5.104600 0.14680000
  • USD/CNY 7.223200 0.02500000

USD/CVE exchange rate analysis over the past 90 days

US Dollar to Cape Verdean Escudo exchange rate: Over the last 90 days, the US Dollar weakened by -1.08% against the Cape Verdean Escudo, declining from CV$102.2961 to CV$101.2023 per US Dollar. This trend reflects the evolving economic dynamics between the United States and the Cape Verde. Factors contributing to this weakening may include:

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

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

usd/cve Historical Chart

$
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.

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.

Quick Conversion Guide

Frequently Asked Questions

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The US Dollar to Cape Verdean Escudo 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 USD to CVE is CV$101.2.
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Yes, our site provides historical charts that show the trends and fluctuations in the US Dollar to Cape Verdean Escudo 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.