Cape Verdean escudo · CVE

$ symbol · 1 country currently using this currency.

Currency info

Adopted: 1977

Currency family: Other

The Cape Verdean escudo has maintained one of the most stable exchange rates in Africa through its long-standing peg to European currencies.

Introduced in 1977 when Cape Verde gained independence from Portugal
Replaced the Portuguese escudo as the official currency
Pegged to the Portuguese escudo until 1998, then to the euro
Subdivided into 100 centavos
Maintained stable exchange rate through monetary agreements with Portugal and later the eurozone

Countries currently using this currency

Related

Other Other currencies

Afghan Afghani (AFN)Albanian lek (ALL)Algerian Dinar (DZD)Angolan Kwanza (AOA)Armenian Dram (AMD)Azerbaijani Manat (AZN)Bahraini dinar (BHD)Bangladeshi taka (BDT)Belarusian ruble (BYN)Boliviano (BOB)Botswana pula (BWP)Brazilian Real (BRL)

Historical predecessor

Portuguese escudo