The Cape Verdean Escudo (CVE) is the official currency of Cape Verde, a unique and picturesque nation located off the northwest coast of Africa. Historically, Cape Verde maintained a dual currency system until 1977 when the Cape Verdean Escudo was introduced, replacing the Portuguese Escudo. Unlike many other currencies, the CVE is pegged to the euro, showcasing the strong ties between Cape Verde and the European Union. Interestingly, one of the most distinctive features of the Escudo is its vivid banknotes, which often depict the archipelago’s culture, history, and biodiversity, offering a visual journey across the stunning landscapes and reflecting the rich heritage of this small island nation.