Information about the Cape Verde Escudo
Currency
Cape Verde Escudo (CVE) = 100 centavos. Notes are in denominations of CVE5000, 2000, 1000 and 500. Coins are in denominations of CVE200, 100, 50, 20, 10, 5 and 1.
Currency exchange
Available at the airport and in local banks. Currency cannot be reconverted, except in Portugal. There are ATMs found in Sal, Praia and S�o Vincent.
Credit & debit cards
Credit cards are rarely used. A few major hotels accept Visa. Currency can be obtained in banks from credit cards but charges are very high.
Traveller's cheques
Accepted in main towns and tourist areas. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in Pounds Sterling or US Dollars.
Currency restrictions
The import and export of local currency is prohibited. The import of foreign currency is unlimited, subject to declaration on arrival and on departure. The export of foreign currency is limited to the equivalent of CVE1,000,000 or the amount declared on arrival, whichever is the larger.
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