The CVE/USD pair shows how many US dollars one Cape Verdean escudo buys, used by tourists, remittance senders, and importers in Cabo Verde.
The curve shows the change in one unit of CVE expressed in USD. An upward slope means the base currency is strengthening relative to the quote currency; a downward slope indicates the opposite.
Use the 7-day, 30-day or 1-year periods to distinguish a short movement from a more lasting trend.
Volatility can reflect central-bank announcements, economic data, trade flows or risk sentiment. A chart is not a forecast: it describes the observations available for the selected period.
Du au · 26 observations
The CVE/USD exchange rate indicates the value of the Cape Verdean escudo (CVE) against the US dollar (USD). This directed pair is primarily used by tourists visiting Cabo Verde, expatriates sending remittances, and local businesses that import goods priced in dollars. When the CVE appreciates against the USD, each escudo buys more dollars, making imports cheaper for Cabo Verde but potentially reducing the competitiveness of its exports.
Structural drivers of CVE/USD include the monetary policies of the Bank of Cabo Verde and the US Federal Reserve. The escudo is pegged to the euro via a fixed exchange rate (1 EUR = 110.265 CVE), so CVE/USD largely mirrors EUR/USD movements. Key factors include interest rate differentials between the eurozone and the US, inflation trends, economic growth in Cabo Verde's main trading partners, tourism revenues (a major source of foreign currency), and remittance flows. Commodity prices, especially fuel, also affect Cabo Verde's trade balance and demand for dollars.
Over the past several years, CVE/USD has generally followed the euro's trajectory against the dollar. Periods of euro strength, driven by tighter ECB policy or risk-on sentiment, have lifted the escudo, while US dollar strength from Federal Reserve rate hikes or global uncertainty has weighed on CVE. The peg to the euro provides stability but limits independent monetary adjustment. No specific historical rates or forecasts are provided here, as live data is rendered separately.
This analysis is provided for information only and is neither a forecast nor financial advice.
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| Date UTC | Rate | Change |
|---|---|---|
| 0,01045478 | +0% | |
| 0,01045478 | -0.07% | |
| 0,01046252 | +0.37% | |
| 0,01042427 | -0.34% | |
| 0,01046025 | +0% | |
| 0,01046025 | +1.15% | |
| 0,01034126 | +0.10% | |
| 0,01033058 | +0.21% |
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Displayed source: api.forex. Indicative values are used only as a visual fallback.