🇨🇻 CVE to 🇺🇸 USD — Cape Verdean Escudo (Esc) to US Dollar Rate Today
Live indicative interbank rate. Last refreshed 25 Jun 2026 00:00:05 UTC.
Convert Cape Verdean Escudo to US Dollar using the live indicative interbank rate and the converter below. Covers the cost of sending to United States via the major mobile money apps.
Currency converter
CVE → USD conversion table
| CVE | USD |
|---|---|
| 1 | 0.01 |
| 5 | 0.05 |
| 10 | 0.10 |
| 20 | 0.21 |
| 50 | 0.52 |
| 100 | 1.03 |
| 200 | 2.07 |
| 500 | 5.16 |
| 1,000 | 10.33 |
| 2,000 | 20.66 |
| 5,000 | 51.65 |
| 10,000 | 103.30 |
Table computed at the indicative rate of 1 CVE = 0.01033 USD. Real operator-side values include a 1%-4% spread.
Cape Verdean Escudo to US Dollar exchange rate history
What moves the Cape Verdean Escudo rate
The Cape Verdean escudo draws its foreign currency from tourism and diaspora remittances, its two main sources. Because the currency is pegged to the euro, its rate against the dollar does not depend on the island economy itself but mechanically tracks EUR/USD. In other words, for a dollar holder it is mainly the euro's movement that determines the escudo's value. To anticipate the rate against the dollar, one must therefore watch how the euro moves on world markets, while the health of tourism and the steadiness of remittances support the reserves needed to maintain this anchor. The peg makes the euro the real driver against the dollar.
Converting and sending the Cape Verdean Escudo: what to know
The escudo is pegged to the euro under a Portugal-backed arrangement, which makes it stable and predictable against the euro with very little euro/escudo exchange-rate risk. For senders and receivers working from euros, that translates into clean, dependable conversion at a value closely tied to the eurozone. Because the link is to the euro rather than the dollar, a dollar-based transfer carries whatever movement EUR/USD brings, so converting via euros is the most transparent route. Overall, this is a steady, well-anchored currency that behaves predictably for ordinary cross-border use tied to Europe.
About the Cape Verdean Escudo
Cape Verde's escudo, issued by the Banco de Cabo Verde, has been pegged to the euro at roughly 110.265 escudos per euro since 1998 under an arrangement backed by Portugal, the islands' former colonial power. It subdivides into 100 centavos and benefits from the credibility that the euro link and Portuguese support provide. The archipelago, lying off West Africa, runs largely on tourism and on remittances sent home by a Cape Verdean diaspora spread across Europe and the Americas. The euro peg shelters the escudo from sharp swings and reinforces the country's close financial ties to the eurozone.
About the US Dollar
The US Dollar (USD, $) is the world's primary reserve currency and the de facto reference rate for most African remittance pricing. It is issued by the Federal Reserve System and subdivided into 100 cents. For African routes, the USD plays two distinct roles: as the on-the-wire settlement currency that originating remittance providers use to hedge between markets, and as the unit of account that diaspora senders most often think in. When operators quote a USD-to-local-currency rate, the difference between that rate and the interbank mid-market — the spread — is where most of the route's cost is hidden, often dwarfing the visible send fee. For receivers in countries with thin USD interbank markets such as Sierra Leone or Mozambique, the published rate can lag the interbank reference by several percentage points.
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FAQ
What is the CVE/USD exchange rate today?
How much is 100 CVE in USD?
What's the best way to send Cape Verdean Escudo to United States?
Is the US Dollar a stable currency?
Why is the rate I see on my mobile money operator different?
Rates shown on this page are indicative interbank reference rates updated daily. Operator send rates typically include a 1%-4% spread above this reference, which covers FX hedging cost, settlement risk and commercial margin. For exact send rates via M-Pesa, MTN MoMo, Sendwave, LemFi, WorldRemit, Wise or TapTap Send to United States, see the inbound transfer comparison.