Cape Verde Currency Guide
The currency of Cape Verde and how to prepare for payments — all on one page. The currency used in Cape Verde is the Cape Verdean Escudo (CVE).
Currency
Cape Verdean Escudo
CVE
Reference rate · October 31, 2026
1 USD ≈ 98.8 CVE
1 EUR ≈ 110 CVE
1 GBP ≈ 132 CVE
Cape Verdean Escudo conversion table
Reference values calculated at the mid-market rate as of October 31, 2026. Banks and card issuers add their own fees to actual exchanges and card payments.
| USD | CVE |
|---|---|
| 1 USD | 98.8 CVE |
| 5 USD | 494 CVE |
| 10 USD | 988 CVE |
| 50 USD | 4,940 CVE |
| 100 USD | 9,879 CVE |
| 500 USD | 49,395 CVE |
| CVE | USD |
|---|---|
| 100 CVE | 1.01 USD |
| 500 CVE | 5.06 USD |
| 1,000 CVE | 10.1 USD |
| 5,000 CVE | 50.6 USD |
Payment Tips to Remember
Always pay in the local currency
If a terminal asks whether to charge in your home currency, always choose the local currency. Choosing your home currency triggers DCC (dynamic currency conversion), which adds a hidden markup.
Set up a travel card before you fly
Prepaid multi-currency travel cards let you convert money in the app beforehand and pay like a debit card locally. Fees are usually lower than cash exchange counters, and you can freeze the card instantly from the app if lost.
Airport exchange counters: last resort
Airport counters are convenient but tend to offer some of the worst rates. If you need cash, exchange via your bank's app before departure or consider withdrawing from a local ATM.
Check ATM fees on screen
Local ATMs may add their own operator fee. Check the fee shown on the confirmation screen before proceeding. If the ATM offers conversion to your home currency (DCC), choosing the local currency is usually better.
Keep some small cash
Every country has places that don't take cards — markets, tips, small transport. Carrying a small amount of cash in separate places keeps you covered.
Cards for Abroad
Explore the Wise multi-currency card
One account holding 40+ currencies, converting and paying at mid-market based rates. Handy for multi-country trips — no need to exchange for each currency separately.
Learn more
Local data
Get an eSIM for Cape Verde before you go
Activate mobile data with a QR code instead of swapping SIM cards. Buy it before departure and switch it on the moment you land.
Check prices and availability on the booking sites.
City Guides in Cape Verde
Praia
Praia is the capital of Cabo Verde, an island nation in the Atlantic off the coast west of Senegal. True to its Portuguese name meaning "beach," it is a great city to explore along the coastline.
Mindelo
Mindelo is a port city on the northern coast of São Vicente Island in Cabo Verde. As the island's administrative center, it's a great place to take in the lively atmosphere of a working port while sightseeing.
Espargos
Espargos is a city on Sal Island in Cabo Verde, home to the international airport that serves as the island's gateway. It is conveniently located for visiting nearby lighthouses and coastal attractions.
Sal Rei
Sal Rei is a coastal city on Boa Vista Island in Cabo Verde, whose Portuguese name means "salt king." It's a pleasant place for a walk along the shore while reflecting on the story behind its name.
São Filipe
São Filipe is a small town on the western coast of Fogo Island in Cabo Verde. It's a pleasant place to explore modest attractions such as its church and museum.