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Currency & Exchange

Currency of Cabo Verde: Cape Verdean Escudo

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Cape Verdean Escudo · CVE · National

Cape Verdean Escudo
ISO CVE · CABO VERDE
Cape Verdean Escudo
ISO codeCVE
Monetary authorityBank of Cabo Verde
CVE
ISO 4217 code
Currency identifier
1
Currencies with an official role
National
CVE
Display identifier
ISO code used where a standalone symbol is not shown
Pegged
Exchange-rate context
Formal monetary link
CurrencyCabo Verde Escudo
ISO codeCVE
Largest note5,000 Esc
Largest coin250 Esc
Current note seriesCurrent BCV banknote family

Who Issues Cape Verdean Escudo in Cabo Verde

The Cape Verdean Escudo (CVE) belongs to Cabo Verde's national monetary system, with policy and currency administration handled domestically. It is represented here by CVE; its ISO numeric code is 132. One feature that materially shapes this currency is its formal peg to an external anchor.

Bank of Cabo Verde manages the Cape Verdean Escudo within Cabo Verde's national monetary system and also maintains the documented exchange-rate link attached to CVE. In Cabo Verde, that exchange-rate link does not change CVE's status as a national currency.

Currency architectureNational
Primary currencyCape Verdean Escudo (CVE)
Monetary authorityBank of Cabo Verde
ModifiersPegged

For readers comparing CVE, Bank of Cabo Verde manages the monetary framework for the Cape Verdean Escudo in Cabo Verde. CVE is therefore a nationally administered currency rather than an externally issued unit. The wording keeps the quoted pair easy to interpret.

Exchange Rate for CVE

Latest available reference rate*Loading...
Checking USD/CVE
Latest official/reference observation where supported. Source and date are shown after loading; this is not a trading quote.
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Within Cabo Verde's currency framework, compare observations for the same currency pair and a similar timestamp. A bank, card network or cash desk may apply its own spread or fee to that benchmark.

Banknotes and Coins

Banknotes

Banco de Cabo Verde states that five banknote denominations currently circulate: 200, 500, 1,000, 2,000 and 5,000 escudos.

200 Esc
500 Esc
1,000 Esc
2,000 Esc
5,000 Esc

Coins

BCV lists ordinary coins of 1, 5, 10, 20, 50 and 100 escudos, while 200- and 250-escudo commemorative coins are also legal tender and can be used for payment.

1 Esc
5 Esc
10 Esc
20 Esc
50 Esc
100 Esc
200 Esc
250 Esc

Frequently Asked Questions

What currency is used in Cabo Verde?

The Cape Verdean Escudo (CVE) is the national currency of Cabo Verde. Bank of Cabo Verde is responsible for the domestic monetary framework. The exchange-rate framework for CVE in Cabo Verde also includes the documented peg or managed link shown on this guide.

Who manages the currency system in Cabo Verde?

Bank of Cabo Verde is the main monetary authority identified for Cabo Verde.

Are the exchange rates for Cabo Verde real-time?

In the Cabo Verde context, the tool requests the latest available reference observation for supported pairs and reports the date attached to that observation. The figure is informational and can differ from a bank, card or cash-counter quote.

Data note: Figures marked with * are sourced from external institutions or data providers and may change after publication. Exchange rates, payment statistics and other time-sensitive figures are provided for general reference and may not reflect current market, bank, card-network or transaction rates. DigifyWorld aims to use reliable sources and keep information current, but cannot guarantee that all data is complete, real-time or 100% accurate. Check the cited source or relevant monetary authority when making financial decisions.

More about Cabo Verde

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Sources & methodology

The institutional description for Cabo Verde is grounded in Bank of Cabo Verde and the relevant monetary arrangement. The CVE code follows ISO 4217. Structural exchange-regime facts are not mixed with a dated reference-rate observation. This keeps the monetary framework distinct from the conversion quote.

View sources used for this page
Exchange-rate note: the CVE converter for Cabo Verde requests a supported reference-rate source and displays the observation date. If no supported observation is available, the converter shows that a reference rate is unavailable instead of estimating one.