The basic unit of currency for Cape Verde is the Cape Verdean escudo (CVE). The escudo is abbreviated as "CVE" and is denoted by the symbol "$". It has been the official currency of Cape Verde since 1914.

The Cape Verdean escudo is subdivided into 100 centavos. However, due to inflation, centavo coins are no longer in circulation, and the escudo is used as the primary form of currency for transactions.

When visiting Cape Verde, it is important to exchange your currency for Cape Verdean escudos to ensure a smooth experience during your stay. You can exchange your money at banks, exchange bureaus, or authorized currency exchange offices.

It is advisable to carry some cash when traveling to Cape Verde, as credit card acceptance can be limited in certain areas. However, major hotels, restaurants, and tourist establishments usually accept major international credit cards.

ATMs are widely available in urban areas of Cape Verde, allowing you to withdraw Cape Verdean escudos directly from your bank account. However, it is always a good idea to inform your bank of your travel plans to avoid any issues with accessing your funds.

When exchanging your currency, be sure to check the current exchange rates to ensure you receive a fair value for your money. Exchange rates can vary between different locations, so it is worth comparing rates before making a transaction.

While traveling in Cape Verde, it is essential to keep your money and valuables safe. Avoid displaying large sums of cash and be cautious of pickpockets in crowded areas. It is also recommended to use hotel safes or other secure facilities to store your valuables.

In conclusion, the basic unit of currency for Cape Verde is the Cape Verdean escudo. When visiting the country, it is important to exchange your currency for escudos to facilitate transactions. Carry some cash, inform your bank of your travel plans, and be cautious of pickpockets. Enjoy your time exploring the beautiful islands of Cape Verde!

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