The Cape Verdean escudo (CVE) is the official currency of Cabo Verde. It is subdivided into 100 centavos. The escudo was introduced in 1977, replacing the Portuguese escudo.
The exchange rate between the US dollar and the Cape Verdean escudo fluctuates constantly. As of June 2023, 1 US dollar is equal to approximately 110 CVE.
Use the following currency converter to convert US dollars to Cape Verdean escudos:
US Dollars | Cape Verdean Escudos |
---|---|
1 | 110 |
5 | 550 |
10 | 1,100 |
20 | 2,200 |
50 | 5,500 |
100 | 11,000 |
There are a number of banks and currency exchange offices in Cabo Verde where you can exchange US dollars for Cape Verdean escudos. The exchange rate may vary slightly from one bank to another.
There are also a number of ATMs in Cabo Verde where you can withdraw Cape Verdean escudos using your US dollar debit or credit card. The ATM will typically charge a small fee for this service.
The cost of living in Cabo Verde is relatively low compared to other countries in Western Africa. However, the cost of living can vary depending on your lifestyle and where you live.
The cost of accommodation in Cabo Verde can vary depending on the type of accommodation you choose. Hostels start at around $10 per night, while guesthouses start at around $20 per night. Hotels start at around $50 per night.
The cost of food in Cabo Verde is relatively low. You can expect to pay around $5 for a meal at a local restaurant. Groceries are also relatively inexpensive.
The cost of transportation in Cabo Verde is also relatively low. You can expect to pay around $1 for a bus ride. Taxis are also relatively inexpensive.
There are a number of activities available in Cabo Verde, such as hiking, swimming, and fishing. The cost of these activities will vary depending on the activity you choose.
A budget of $50 per day should be sufficient for a comfortable stay in Cabo Verde. However, you may need to budget more if you plan on doing a lot of activities.
Cabo Verde is a beautiful country with a lot to offer visitors. The cost of living is relatively low, and the people are friendly and welcoming. If you are looking for a budget-friendly destination, Cabo Verde is a great option.
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