Here is a detailed financial and monetary historical report of Cape Verde in International English, including all currencies that have circulated since the beginning of its monetary production, clearly highlighting the current official currency:

Financial and Monetary Historical Report of Cape Verde

Basic Data

• Country ISO Code: CV

• Official Language: Portuguese

• Language ISO Code: pt

• Current Official Currency: Cape Verdean escudo

• Current Currency ISO Code: CVE

Currency History in Cape Verde

1. Portuguese Real (until 1914)

• The real was the currency used during Portuguese colonial rule until 1914.

• It had no decimal subdivisions.

• Circulation period: colonial era until 1914.

2. Portuguese Escudo (1914–1977)

• ISO Code: PTE (historical)

• Singular Name: escudo

• Plural Name: escudos

• Subdivision: 1 escudo = 100 centavos

• Circulation Start Date: 1914

• Circulation End Date: 1977

• Issuing Bank: Banco Nacional Ultramarino

• Mint Locations: Monnaie de Paris (France) and other Portuguese mints

• Minted Coin Values: 5, 10, 20, 50 centavos; 1, 2, 5, 10 escudos

• Printed Banknote Values: 10, 20, 50, 100, 500, 1000 escudos

• Designs: Portuguese symbols with inscriptions specific to Cape Verde.

3. Cape Verdean Escudo (since 1977)

• ISO Code: CVE

• Singular Name: escudo

• Plural Name: escudos

• Subdivision: 1 escudo = 100 centavos

• Circulation Start Date: 1977

• Issuing Bank: Banco de Cabo Verde

• Mint Locations: produced by international mints including the National Printing Office and other European mints

• Minted Coin Values: 1, 5, 10, 20, 50, 100, 200 escudos

• Printed Banknote Values: 200, 500, 1000, 2000, 5000 escudos

• Designs: coins depict birds, plants, animals, and ships; banknotes feature vessels, personalities, landscapes, monuments, and cultural scenes.

Historical and Economic Context

• The Banco Nacional Ultramarino issued notes specifically for Cape Verde from 1865.

• In 1930, coins specific to Cape Verde were minted, but from 1953 currency was unified with other Portuguese colonies using the Portuguese escudo.

• After independence in 1975, the Cape Verdean escudo was introduced in 1977, initially pegged to the Portuguese escudo at par.

• The Cape Verdean escudo experienced significant devaluation in the 1980s, reaching about 40% in 1984.

• In 1998, an agreement with Portugal fixed the exchange rate: 1 Portuguese escudo = 0.55 Cape Verdean escudos.

• With the introduction of the euro in 2002, the fixed rate became €1 = 110.265 Cape Verdean escudos.

Current Coins and Banknotes in Circulation

• Coins: 1, 5, 10, 20, 50, 100, and 200 escudos

• Banknotes: 200, 500, 1000, 2000, and 5000 escudos

Curiosities

• The 100 escudos coin is bimetallic and decagonal, issued in thematic series featuring birds, plants, animals, and ships.

• Banknotes honor Cape Verdean culture, nature, and history through their imagery.

Issuing Authority

• Banco de Cabo Verde

Monetary Legislation

• Regulated by Banco de Cabo Verde and national legislation related to monetary and exchange policies.

Banknote Signatories

• Banknotes bear the signatures of the Governor of Banco de Cabo Verde and the Minister of Finance.

If you need further reports or translations, feel free to ask!1