CVE 1000 = NGN 14211.67
Convert1 CVE = 14.21167 NGN | 1 NGN = 0.07036 CVE
Last Updated Feb 14, 5:30 ISTOur converter applies the mid-market rate. It is solely for informational purposes. The Rate might differ while transferring money.
CVE to NGN Exchange Rate Chart
1 CVE = 14.21167 NGN
The exchange value of 1000 CVE in Nigerian Naira is 14211.670 NGN as on Feb 14.
You can check the exchange rate of 1000 Cape Verdean Escudo to Nigerian Naira by using the Paytm currency exchange rate calculator.
All you need to do to see the exchange 1000 CVE to NGN online is as follows:.
There are several online ways to convert CVE to NGN.
Most banks in India allow CVE to NGN conversion through their internet banking or mobile apps.
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Apps like Wise, PayPal, and Western Union allow CVE to NGN conversion quickly.
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A Forex card is a prepaid card that holds multiple currencies, including CVE.
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Some people use crypto exchanges to convert USD to INR through Bitcoin, Ethereum etc.
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There are several offline methods to exchange CVE to NGN. Let‘s explore them.
1. Banks
Banks offer currency exchange services at competitive rates. You need to visit a branch with your CVE cash and exchange it for NGN.
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Private money exchange centers, like Thomas Cook, Muthoot Forex, and Western Union, offer offline CVE to NGN conversion.
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Airports have forex counters where travelers can exchange CVE to NGN.
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Some hotels and travel agencies offer currency exchange services for guests.
Steps to Exchange CVE to NGN at a Hotel or Travel Agency:
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In busy markets and tourist spots, you may find local money changers who exchange CVE for NGN
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Most offline exchanges require identity proof. Here are the common documents needed:
Document Type | Required For |
---|---|
Passport | All exchanges (mandatory for foreigners) |
Always carry a valid ID when exchanging currency.
Method | Exchange Rate | Transfer Fee | Availability | Speed |
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Bank Transfer | Low | Low | Limited hours | 1-3 days |
Any Third Party App | High | Low | 24/7 | Instant/Few minutes |
Forex Card | Medium | Low | 24/7 | Instant |
Crypto Exchange | High | Low | 24/7 | Few minutes |
Exchange Centers | Good | Medium | Widely available | Few minutes |
Airport Counters | High | High | 24/7 at airports | Few minutes |
Hotels/Agencies | Very High | Medium | Only for guests | Few minutes |
Local Money Changers | Varies | Low | Risky but quick | Few minutes |
Converting Cape Verdean Escudo (CVE) to Nigerian Naira (NGN) offers several advantages, depending on your financial needs and market conditions. Here are some key benefits:
CVE is a strong and widely traded currency. If the exchange rate is favorable, converting CVE to NGN can give you more value for your money.
Since 1 CVE equals a significantly higher amount in NGN, converting CVE to NGN increases your purchasing power, allowing you to afford more goods and services in Nigeria.
If you‘re an NRI, tourist, or returning from the Cape Verde, converting CVE to NGN ensures you have local currency for daily expenses, shopping, and travel within Nigeria.
Converting CVE to NGN can help you invest in Nigeria assets, such as real estate, stocks, mutual funds, and fixed deposits, which often offer higher returns compared to Cape Verde markets.
Using a direct CVE to NGN conversion method (like Forex cards or money changers) helps avoid unnecessary fees and unfavorable exchange rates charged by international payment gateways or credit card companies.
For businesses involved in international trade, converting CVE to NGN at the right time can help optimize costs, manage foreign exchange risks, and improve profit margins.
By choosing the right conversion method and timing, you can maximize the benefits of CVE to NGN exchange.
Source of the rates:apilayer.com