Money and Costs
Budget: Less than CVE4500
- Simple guesthouse room: CVE3600
- Lunchtime special: CVE450
- Coffee: CVE80
- Local aluguer (minibus) ride: CVE100
- Comfortable hotel room: CVE6200
- Two-course dinner at mid-range restaurant: CVE1200
- Beer in bar: CVE150
- Short taxi ride: CVE180
Top end: More than CVE10,000
- Luxury hotel room: CVE10,500
- Two-course dinner at top restaurant: CVE2000
- Glass of wine: CVE400
- Car and driver: CVE8000
Unlike in other parts of Africa, heavy bargaining is not expected in Cabo Verde. The exception is when purchasing handicrafts, when there is some expectation of gentle haggling.
Most banks change travellers cheques and cash (except the West African CFA), and have ATMs. Credit cards are not widely accepted.
Most accept bank cards and Visa, but tthe daily withdrawal limit is CVE20,000.
The unit of currency is the Cabo Verde escudo (CVE), divided into 100 centavos. It is a stable currency, pegged to the euro. Most businesses also accept euros.
Not widely accepted (Visa preferable). Even where accepted, there's typically a 3% to 5% commission for credit-card payments.
It's common to tip at restaurants, typically around 5% to 10% of the bill.
Cabo Verde Escudo (CVE)