200 Escudos

Cape Verde's monetary separation from Portugal was completed in stages after independence in 1975, with the Banco de Cabo Verde assuming full central banking functions and issuing its own escudo series entirely distinct from the Portuguese currency of the same name. By 1989, Thomas De La Rue had become the standard choice for Lusophone African states seeking quality intaglio work at accessible contract rates — Cape Verde was far from the only newly independent nation on their books during this period.

The watermark remains the sole listed security feature, modest even by the standards of the late 1980s. Counterfeiting pressure on Cape Verdean currency was low given the islands' small economy and limited international exposure.