Travel in Cape Verde

CURRENCY
The unit of currency is the Cape Verdean escudo (CVE). The CVE is tied to the Euro at CVE 110.265 = 1 Euro. There is a bureau de change at the airport, and local banks will change travelers cheques and foreign currency. The Morabeza Hotel changes euros at 105 CVE. There is an ATM at the international airport, but no others in the islands as yet. Major credit cards are accepted only in a few main resort hotels and restaurants, but this is growing all the time. Banks will give cash on credit cards but commissions can be high. If you are looking to purchase a property, it is advisable to open a bank account in Cape Verde, both in CVE and Euros. CVE cannot be transferred out of the country, but euros can.

Please look at website www.topa.co.uk for property sales on Cape Verde