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USD to CVE - Compare Exchange Rates

United States Dollar to Cape Verdean Escudo - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

USD to CVE interbank exchange rate = 98.2128

Right now the USD/CVE interbank exchange rate is 98.2128. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert Cape Verdean Escudo to United States Dollar.

This USD/CVE Converter calculates equivalent United States Dollar to Cape Verdean Escudo amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

USD / CVE converter & margin calculator


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$CVE
Mid-rates:
 

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1 Week USD to CVE
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United States Dollar

Cape Verdean Escudo

1 USD 98.21 CVE
5 USD 491.06 CVE
10 USD 982.13 CVE
20 USD 1,964.26 CVE
50 USD 4,910.64 CVE
100 USD 9,821.28 CVE
250 USD 24,553.20 CVE
500 USD 49,106.40 CVE
1,000 USD 98,212.80 CVE
2,000 USD 196,425.60 CVE
5,000 USD 491,064.00 CVE
10,000 USD 982,128.00 CVE
50,000 USD 4,910,640.00 CVE
100,000 USD 9,821,280.00 CVE
See more

United States Dollar

Cape Verdean Escudo

0.0102 USD 1 CVE
0.0509 USD 5 CVE
0.1018 USD 10 CVE
0.2036 USD 20 CVE
0.5091 USD 50 CVE
1.0182 USD 100 CVE
2.5455 USD 250 CVE
5.0910 USD 500 CVE
10.18 USD 1,000 CVE
20.36 USD 2,000 CVE
50.91 USD 5,000 CVE
101.82 USD 10,000 CVE
509.10 USD 50,000 CVE
1,018.20 USD 100,000 CVE
See more

CVE Country Guides
Cape VerdeCape Verde

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

The below table shows the historic variation in the USD/CVE exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of USD versus other currencies : USD historical charts.

DateExchange RatePeriodChange
22 Apr 201998.2255Latest
15 Apr 201997.87831 Week+0.35%
23 Mar 201997.30001 Month+0.95%
24 Oct 201896.49956 Months+1.79%
22 Apr 201890.13001 Year+8.98%
22 Apr 2017103.37502 Years-4.98%
23 Apr 201479.49435 Years+23.56%
24 Apr 200983.329810 Years+17.88%

Why can't I just get the USD/CVE market rate I see on Google or in the Media?

The USD/CVE mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the USD / CVE was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

The closer your final exchange rate is to the market USD/CVE midrate the better deal you are getting.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

The three things you need in order to get a good USD to CVE exchange rate

  1. Know the latest USD/CVE market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for United States Dollar and Cape Verdean Escudo

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the USD vs CVE, you should pay attention to both United States Dollar and Cape Verdean Escudo news and forecasts.

United States Dollar (USD) - Market news and forecasts

In the third week of April the Dollar Index was rallying strongly towards the mid-97s, slightly below major resistance at 97.70, a break of which would be massively positive for the greenback. The index was up 1.7 percent year-to-date.

The dollar’s strength comes in spite of a dovish surprise in March from the Federal Reserve, which ditched two interest rate hikes from its 2019 projections. Fortunately for dollar holders, the rest of the world has problems and other important central banks also turned dovish, removing much of the incentive for selling USD.

Bloomberg research warned in April of potential for a large upcoming move in the US dollar, up or down. Over the past quarter-century, three prominent troughs in the JPMorgan Global FX Volatility Index were followed by dollar moves over 6-month periods worth 10-15 percent. The index was trading in mid-April at a 5-year low.

Cape Verdean Escudo (CVE) - Market news and forecasts

No recent Cape Verdean Escudo market updates.