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The Cape Verdean Escudo (CVE) is the currency of Cape Verde, introduced in 1914 to replace the real. It is issued by the Bank of Cape Verde and has been pegged to the euro at a fixed rate since 1998, ensuring relative stability. The escudo is used exclusively in Cape Verde, with both coins and banknotes in circulation. Due to the country's reliance on tourism and remittances, foreign currencies, particularly the euro, are also widely accepted in some areas.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.

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