1 YER to CVE - Convert Yemeni Rial to Cape Verdean Escudo

Looking at the 30-day window, the YER/CVE pair traded in a range of 0.384000 to 0.409400. The monthly average was 0.396120 with 1.85% volatility. The relatively low volatility indicates stable trading conditions for the YER/CVE currency pair.

The current mid-market exchange rate is 1 YER = 0.405529 CVE, updated as of July 3, 2026, 8:38 PM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Yemeni Rial to Cape Verdean Escudo Exchange Rate

The YER/CVE exchange rate tells you how many Cape Verdean Escudo (CVE) you receive for every Yemeni Rial (YER). At the current mid-market rate of 1 YER = 0.405529 CVE, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

What Affects the YER to CVE Rate

Exchange rates between Yemeni Rial and Cape Verdean Escudo are influenced by central bank interest rate decisions, inflation differentials, trade balances, and broader economic data releases from both countries. Political stability, commodity prices, and global risk sentiment can also cause significant moves. Monitoring these factors helps explain why the YER/CVE rate fluctuates throughout trading sessions and over longer time periods.

How to Get the Best YER to CVE Rate

To minimize conversion costs, compare the rate offered by your bank or transfer service against the mid-market rate shown on this page. Online money transfer services and fintech apps often provide rates 2-3% better than traditional banks. For larger amounts, the savings from finding a competitive rate can be substantial. Always check the total cost including both the exchange rate markup and any fixed fees charged by the provider.

Mid-Market Rate Explained

The mid-market rate of 1 YER = 0.405529 CVE shown on this page is the fairest available exchange rate. It sits exactly between the buy and sell prices quoted by major financial institutions. No single provider can offer exactly the mid-market rate since their business model requires a small spread, but the best providers come within 0.5-1% of this benchmark. Use our rate as your comparison baseline.

Reverse Rate: CVE to YER

The reverse exchange rate is 1 CVE = 2.4659 YER. This is useful if you are starting with Cape Verdean Escudo and want to know how much Yemeni Rial you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated CVE to YER converter for the reverse direction.