Currency Information on Cape Verdean Escudo - CVE — Cape Verdean escudo - $
Pegged to the Portuguese escudo at a rate of 1 Portuguese escudo : 0.55 Cape Verdean escudo, the escudo has been cap Verde’s currency since 1914, when the Cape Verdean real was replaced at a ratio of 1,000 reis: 1 escudo.
Escudo coins are available in the following denominations; 1, 5, 10, 20, 50, 100 and 200 escudo and banknotes are available in denominations of 200, 5000, 1,000, 2,000, 2,500 and 5,000 escudo.
1 escudo coins are not found regularly in circulation and most prices are rounded to the nearest 5 escudo to reflect that. The 1 escudo coin is also only available in one style, featuring a sea turtle, whilst other coins have three variable images.
Given the current crisis in my country, I was forced to move abroad to find a better financial life. I’ve been living and working in a good UK job for two years now. Although my wife and children came with me I send money to my relatives in Greece very often. Every time I do so I make sure I'm getting a good currency exchange deal by checking online how to send money abroad at the best rates.
Comment written by Kostas Skordas Architect.
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