The currency of Cape Verde (Cabo Verde) is the escudo (CVE), with a fixed rate to the euro: 1 euro is 110.265 escudos. On Sal you can also pay in euros in many places, but it is not always the cheapest option.
Euros: easy, but often more expensive
In Santa Maria many restaurants, shops and taxis accept euros. They often work with 100 escudos to 1 euro instead of the fixed rate of 110.265. If you pay in euros, you pay roughly 10% too much.
Withdraw escudos
Get escudos from a cash machine and you get the official rate. Then pay in escudos and you save money. In larger restaurants and supermarkets you can also pay by card.
What does life cost on Sal?
Local eateries, fish and fruit from the market are cheap; imported products cost more. A taxi from the airport to Santa Maria usually costs 25 euros. Read more about the cost of living in our knowledge base.
Frequently asked questions about money on Sal
Can I pay in euros on Sal? Yes, in many places in Santa Maria, but often at 100 escudos per euro. You then pay about 10% more than with escudos.
What is the escudo exchange rate? The escudo has a fixed rate to the euro: 1 euro is 110.265 escudos.
Should I change money before I travel? There is no need. Withdraw escudos from a cash machine on Sal and you get the official rate.