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Country Guide > Africa > Cape Verde | |
Currency Cape Verde Escudo (CVEsc) = 100 centavos. Notes are in denominations of CVEsc5000, 2000, 1000 and 500. Coins are in denominations of CVEsc200, 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 at the airport on Sal. Credit & debit cards Rarely used. A few major hotels accept Visa. Currency can be obtained in banks from credit cards but charges are very high. Travellers cheques Accepted in main towns and tourist areas. To avoid additional exchange rate charges, travellers are advised to take travellers cheques in Pounds Sterling or US Dollars. Exchange rate indicators The following figures are included as a guide to the movements of the Cape Verde Escudo against Sterling and the US Dollar:
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 CVEsc1,000,000 or the amount declared on arrival, whichever is the larger. Banking hours Mon-Fri 0800-1500. |