Stalls of fruit and vegetables fill the Plateau market in Praia, seen from above.
Travel planning

Cape Verde Currency and Money Guide

The money question in Cape Verde is really an insurance question: medical care is limited, some medicines are scarce, and evacuation cover matters.
  • Country Cape Verde
  • Guide Budget
  • Reviewed 29 October 2026
  • Sources 2
  • Length 1 min read

Credit Alvaro Ludgero Andrade (VOA), public domain, via Wikimedia Commons

Last reviewed 29 October 2026

This guide covers the financial facts that matter most in Cape Verde, and most of them are about what happens if something goes wrong.

Health cover from home rarely works here, and that matters more than usual

Health cover from home rarely reaches Cape Verde, so appropriate travel insurance is essential.

That warning lands harder because of what it sits next to. Medical facilities in Cape Verde are described as basic and limited, with some medicines in short supply or unavailable. The largest hospitals are in Praia on Santiago and Mindelo on Sao Vicente, and facilities are described as particularly limited on Boa Vista, which is one of the islands most visitors actually go to.

Insurance that covers medical evacuation, and not merely treatment, is the practical conclusion.

Paying for things

The Banco de Cabo Verde is the country's central bank and publishes daily exchange rates, which is the place to check a rate rather than a hotel board.

The one payment the government requires of you before you arrive is the airport security fee, paid with the traveler entry form on the official platform. See the visa guide: it is a fixed cost, it is not optional, and after 1 July 2026 it doubles for anyone who cannot show proof of pre-registration.

On personal safety around money the precautions are ordinary: do not carry large amounts of cash or wear expensive jewelry.

Sources

  1. Banco de Cabo Verde: the central bank, which publishes daily exchange rates
  2. EASE: the official Cape Verde traveler entry form and security fee platform
This guide is general orientation, not legal, medical or governmental advice. Entry, health and safety requirements change frequently and depend on your nationality, your route and your dates. Always confirm with the relevant authority before you travel.