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Foreign Exchange Guide to Cape Verde

Read this currency guide to Cape Verde with money transfer and travel tips.   [USD/CVE=97.6215]

Cape Verde
Country Code:
Domestic Currency:
Cape Verdean Escudo
Symbol - Code:
Telephone Prefix:

This is a foreign exchange guide to Cape Verde, the Cape Verdean Escudo currency plus CVE transfers and travel tips.

In this Cape Verde currency guide we take a look at :

  1. Cape Verdean Escudo info - general info about the Cape Verdean Escudo
  2. Cape Verdean Escudo in the markets - recent CVE moves and predictions from the FX markets
  3. Travelling in Cape Verde - currency & money saving tips
  4. Buying Cape Verdean Escudo cash online - travel money for Cape Verde
  5. Sending money to Cape Verde - save on Cape Verdean Escudo bank transfers to Cape Verde
  6. Cape Verdean Escudo exchange rates - latest & historic exchange rates.

Cape Verdean Escudo (CVE) general currency information

What is the Cape Verdean Escudo currency code and symbol?

The three letter currency code for the Cape Verdean Escudo is CVE and the symbol is $.

Which countries use the Cape Verdean Escudo?

It is the domestic currency in Cape Verde.

Cape Verdean Escudo (CVE) in the markets

The interactive chart below shows the USD to CVE exchange rate for the previous 3 months with rate alerts for days when the exchange rate moved up or down significantly or for 30 day highs and lows.

USD-CVE 3 Month chart
Loading USD/CVE Chart
USDCVE currency converter

Travel, Currency and Money saving tips for Cape Verde


Jutting up from the Atlantic, some 500km west of Senegal, this stunning island chain has a captivating blend of mountains, beaches and peaceful seaside villages. On Santo Antão, craggy peaks hide piercing green valleys of flowers and sugar cane, ideal for epic hikes. São Vicente is home to the cultural capital of the islands, Mindelo, which throbs with bars and music clubs. On Sal and Maio, undulating windswept dunes merge with indigo-blue seas on unspoilt beaches of powdery white sand. Meanwhile, far-flung Fogo and Brava in the southwest offer their own enchantments, from surreal volcanic landscapes, to sparkling bays framed by towering peaks. Throw in the constant beat of music that Cabo Verde is famed for and the renowned morabeza (Creole for hospitality) of its people and you’ll see why many have come – and never left.

What currency to use in Cape Verde?

Credit cards are not widely accepted so be sure to take some currency, however the Euro is accepted in most places.The local currency is the Cape Verdean Escudo or CV Esc which can only be obtained in the islands. You can take Sterling or Euros to exchange. The fixed exchange rate is 110 CV Esc to €1. ATMs are only found in some places so be prepared to not be able to find them easily.

How to get around in Cape Verde?

Taxis are readily available in the larger towns and resort areas and are generally of a good standard. Although they work on a meter they can at times be ‘creative’ so it is always worth agreeing the cost before setting off. The most inexpensive way of getting around are the 'alugueres’ buses that are easily identified and drive around the town and are often full of passengers and packages. You simply shout when you want to get off.

The only reliable scheduled ferry services in Cabo Verde are between Praia, Brava and Fogo; Praia and Maio; and Mindelo (São Vicente) and Santo Antão. There's less frequent service (twice monthly) from Praia to São Vicente via São Nicolau. Seas can be rough and the crossings rocky, especially during winter months. There are cafes on board the bigger boats, but it's always a good idea to bring a reserve of water and snacks.

Provided you're in good shape to handle the steep inclines, Cabo Verde's islands are a great place to bicycle around. Few visitors travel this way, however. It's inconvenient to have to pack up your bike as you fly between the different islands, and smaller planes may also refuse to take your bike.

Travel tips for Cape Verde.

The official language of the islands is Portuguese, which is used in most written communication, including newspapers; however Creole tends to be used in conversation and its this you'll hear being used on a day to day basis. Creole is based on African languages but with additions from several European languages. Even this can differ from island to island. More recently, English has been taught as a foreign language in schools.The religion of the islands is largely Christian, with most people being Catholic.

A pleasantly tropical destination, the Cape Verde islands benefit from average annual temperatures of between 26°C and 30°C.


Travel money for Cape Verde


Save money and time by Ordering your Cape Verdean Escudo online from Travelex, you get better rates and can pick up the CVE cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in Cape Verdean Escudo otherwise you may get much worst exchange rates.


Cape Verde Trip Checklist    

  1. Compare CVE travel cash rates - probably why you are here!
  2. Search Hotel deals - Save on your accomodation in Cape Verde
  3. Lonely Planet - world's best travel guide (coupon and deals)

Sending money to Cape Verde

When searching around for information on how to get a good exchange rate when sending money to Cape Verde you need to start with finding out the latest Cape Verdean Escudo foreign-transfer exchange rate.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save (we make that calculation easy here).

Get a better deal for foreign transfers to Cape Verde

When sending money to Cape Verde it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

  1. Open an account with a BER reviewed FX provider (id docs may be required)
  2. You specify the local or Cape Verdean Escudo amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. Once your funds are received by the provider the converted CVE amount will be transfered to the recipient account you specify in Cape Verde.

Use our Send to CVE calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Cape Verdean Escudo deposited into the recipient bank account and less margins and fees kept by the banks!


Bank Transfers to Cape Verde

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Popular CVE cross rates

CVE/USD - Cape Verdean Escudo to United States Dollar - 10 Year History

DateExchange RatePeriod
10 Feb 20190.01021 Week
18 Jan 20190.01031 Month
21 Aug 20180.01046 Months
17 Feb 20180.01131 Year
17 Feb 20170.0096042 Years
18 Feb 20140.01255 Years
19 Feb 20090.011510 Years

CVE/EUR - Cape Verdean Escudo to Euro - 10 Year History

DateExchange RatePeriod
10 Feb 20190.0090481 Week
18 Jan 20190.0090781 Month
21 Aug 20180.0090106 Months
17 Feb 20180.0090771 Year
17 Feb 20170.0090472 Years
18 Feb 20140.0091045 Years
19 Feb 20090.00908410 Years

CVE/GBP - Cape Verdean Escudo to British Pound Sterling - 10 Year History

DateExchange RatePeriod
10 Feb 20190.0079201 Week
18 Jan 20190.0080141 Month
21 Aug 20180.0080826 Months
17 Feb 20180.0080291 Year
17 Feb 20170.0077382 Years
18 Feb 20140.0075105 Years
19 Feb 20090.00803510 Years

CVE/JPY - Cape Verdean Escudo to Japanese Yen - 10 Year History

DateExchange RatePeriod
10 Feb 20191.12521 Week
18 Jan 20191.13291 Month
21 Aug 20181.14856 Months
17 Feb 20181.19741 Year
17 Feb 20171.08382 Years
18 Feb 20141.28125 Years
19 Feb 20091.083710 Years

CVE/AUD - Cape Verdean Escudo to Australian Dollar - 10 Year History

DateExchange RatePeriod
10 Feb 20190.01441 Week
18 Jan 20190.01441 Month
21 Aug 20180.01426 Months
17 Feb 20180.01421 Year
17 Feb 20170.01252 Years
18 Feb 20140.01395 Years
19 Feb 20090.017810 Years

CVE/CAD - Cape Verdean Escudo to Canadian Dollar - 10 Year History

DateExchange RatePeriod
10 Feb 20190.01361 Week
18 Jan 20190.01371 Month
21 Aug 20180.01366 Months
17 Feb 20180.01411 Year
17 Feb 20170.01262 Years
18 Feb 20140.01375 Years
19 Feb 20090.014410 Years

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