What currency is used in Cape Verde?

Cape Verde uses the Cape Verdean Escudo (CVE). The symbol is Esc.

What is the exchange rate for CVE?

As of 2026-07, approximately 101 CVE = 1 USD. Rates fluctuate, so check current rates before traveling.

Money & Currency

Cape Verde Currency Guide

Q: Can I use US dollars in Cape Verde?

While some tourist areas accept US dollars, it's best to have local currency (CVE) for most transactions. Safari lodges and some hotels may quote in USD.

Everything you need to know about money in Cape Verde. Currency, exchange rates, ATMs, credit cards, and tipping customs.

Currency Name

Cape Verdean Escudo

Currency Code

CVE

Symbol

Esc

Exchange Rate

101 = $1 USD

Updated: 2026-07

Quick Conversion Guide

Approximate values at current exchange rate

USD	CVE	Common Use
$1	Esc101	Coffee, small snack
$5	Esc505	Local meal
$10	Esc1,010	Restaurant meal
$20	Esc2,020	Nice dinner, taxi ride
$50	Esc5,050	Day activities
$100	Esc10,100	Budget daily spend

Typical Prices in Cape Verde

What things cost to help you budget

Local Meal$4-9

Restaurant Meal$12-35

Beer$1-3

Coffee$1-3

Domestic Flight$60-160

Inter Island Ferry$10-40

ATMs & Credit Cards

ATM Withdrawals

•ATMs widely available in cities and major towns
•Most ATMs dispense local currency (CVE)
•Visa and Mastercard widely accepted
•Withdraw cash before heading to rural areas or parks
!ATM fees vary - check with your bank

Credit & Debit Cards

•Accepted at hotels, lodges, and upscale restaurants
•Visa and Mastercard most widely accepted
•American Express less common
!Small businesses and markets: cash only
!Notify your bank of travel plans to avoid blocks

Where to Exchange Money

Banks

Best rates, may require ID. Open weekdays only.

Best Rates

ATMs

Convenient, competitive rates. Watch for fees.

Recommended

Forex Bureaus

Convenient hours, rates vary. Compare first.

Compare Rates

Hotels

Convenient but worst rates. Emergency only.

Poor Rates

Tip: Bring clean, undamaged US dollars (post-2006 bills preferred). Damaged or old bills may be refused or exchanged at lower rates.

Tipping in Cape Verde

Not obligatory but appreciated; around 5 to 10 percent in restaurants and a small tip for guides and drivers.

Service	Suggested Tip	Notes
Safari Guide	$10-20/day	Per person, more for exceptional service
Safari Driver	$10-15/day	Shared among group
Lodge Staff	$10-20/day	Often pooled, put in staff box
Restaurant	10%	Check if service charge included
Taxi/Driver	Round up	Not expected for short rides
Porter	$1-2/bag	At hotels and airports

Note: Tips in USD are often preferred for safari staff. Small local currency bills are useful for everyday tipping.

Money Tips for Travelers

1Carry a mix of cash and cards

2Keep small bills for tips and markets

3Withdraw larger amounts to minimize ATM fees

4Use a travel card with no foreign transaction fees

5Keep emergency USD in a separate location

6Don't change money on the street (illegal)

7Save ATM receipts for reference

8Download a currency converter app offline

Daily Budget Guide

budget

$45-$90/day

Guesthouses, self-catering, local food, shared aluguer minibuses

mid range

$110-$220/day

Hotels or all-inclusive resorts, restaurants, some excursions

luxury

$280-$600/day

Top resorts, private tours, island-hopping by flight

Frequently Asked Questions

Can I use US dollars in Cape Verde?

Some tourist establishments, safari lodges, and hotels accept USD. However, local currency (CVE) is needed for everyday purchases, markets, and local restaurants.

Should I exchange money before I arrive?

You can bring USD to exchange on arrival. Exchange rates at the airport are usually fair. ATMs at the airport are also a good option.

How much cash should I carry?

Have enough local currency for 2-3 days of expenses plus emergency USD. Don't carry large amounts - use ATMs as needed.

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