Cabo Verde Exchange Rate
Official exchange rate (LCU per US$, period average) PA.NUS.FCRF
Cabo Verde's exchange rate was 105.37 in 2025, ranked 65th globally. This represents a 3.4% increase from 2024. Data from World Bank, covering 1960–2025.
Overview
Cabo Verde's exchange rate stood at 105.37 in 2025, a rise of +3.45 from 2024. Based on recent trends, this figure is projected to reach 105.37 by 2025. Cabo Verde ranked 65th globally.
Cabo Verde’s exchange rate has risen from an early‑record 28.75 in 1960 to a 2025 level of 105.37, placing the nation 65th globally among 66 years of data. The currency’s most pronounced appreciation occurred in 2001, when the rate peaked at 123.21, while the deepest depreciation was recorded in 1973 at 24.52. Over the six‑decade span the trajectory has been upward‑sloping, reflecting persistent balance‑of‑payments pressures and limited foreign‑exchange inflows. Compared with peers of similar rank, Serbia’s rate stands at 111.90 and the Russian Federation at 94.11, indicating that Cabo Verde remains slightly more vulnerable to external shocks than its regional counterparts. The modest narrowing of the gap with Russia suggests a gradual stabilization, yet any sharp shift in tourism receipts or remittance flows could alter the path. Continued diversification of export earnings and prudent fiscal management are likely to temper further depreciation and support a steadier exchange‑rate outlook.
Data & projection
| Year | Exchange Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 109.14 | - | - |
| 2026* trend | 107.26 | - | - |
| 2025* trend | 105.37 | - | - |
| 2025 | 105.37 | +3.45 | #65 |
| 2024 | 101.92 | +0.12 | #140 |
| 2023 | 101.80 | −3.06 | #141 |
| 2022 | 104.86 | +11.64 | #141 |
| 2021 | 93.22 | −3.58 | #143 |
| 2020 | 96.80 | −1.70 | #145 |
| 2019 | 98.50 | +5.08 | #144 |
| 2018 | 93.41 | −4.39 | #144 |
| 2017 | 97.81 | −1.88 | #144 |
| 2016 | 99.69 | +0.30 | #146 |
| 2015 | 99.39 | +16.35 | #147 |
| 2014 | 83.03 | −0.04 | #146 |
| 2013 | 83.07 | −3.25 | #147 |
| 2012 | 86.32 | +7.04 | #151 |
| 2011 | 79.28 | −4.00 | #151 |
Detected Pattern
Analysis
Cabo Verde matched the Stagflation Risk pattern in 1991. Historically, 38% of countries showing this pattern (117 out of 307) saw exchange rate improve within 24 months. View full analysis →
Frequently Asked Questions
Cabo Verde's exchange rate was 105.37 in 2025. Ranked 65th globally. This represents a 3.4% increase from the previous year.
Cabo Verde's exchange rate peaked at 123.21 in 2001.
The lowest exchange rate in Cabo Verde was 24.52 in 1973.
Cabo Verde ranks 65th globally in exchange rate as of 2025.
The World Bank indicator code is PA.NUS.FCRF. Data sourced from World Bank.
Cabo Verde's exchange rate is projected to reach 105.37 by 2025 based on trend extrapolation.
The exchange rate of Cabo Verde in 2025 was 105.37. This ranks 65th in the world.
Cite this page
@misc{historysaid_cabo-verde_exchange-rate,
title = {Cabo Verde Exchange Rate},
url = {https://historysaid.com/cabo-verde/exchange-rate/},
publisher = {HistorySaid},
year = {2026}
}