Venezuelan Bolívar

Venezuelan Bolívar

Venezuelan Bolívar overview

The bolívar soberano (sign: Bs.S. or Bs.; plural: bolívares soberanos; ISO 4217 code: VES) is the main currency of Venezuela since 20 August 2018. Since that date, it has been due to replace the bolívar fuerte (strong bolívar, sign: Bs.F., ISO 4217 code: VEF) after a transition period. The primary reason for replacement, at a rate of 1 Bs.S. to 100,000 Bs.F, was hyperinflation. On 1 January 2008, the bolívar fuerte had itself replaced, because of inflation, the original bolívar introduced in 1879 (sign: Bs.;; ISO 4217 code: VEB). It did so at a rate of 1 Bs.F. to 1000 Bs.

1 VEF to USD exchange rates chart

VEF to  exchange rates chart

Venezuelan Bolívar news

Report: Venezuela Allowing Marxist Terrorists to Operate in Half the Nation
Report: Venezuela Allowing Marxist Terrorists to Operate in Half the Nation

The Venezuelan socialist regime is allowing Colombia's Marxist National Liberation Army (ELN) terrorists to operate in at least 12 states.

indicative negative
Investors Can Only Trade Venezuelan Petro to Crypto if Bought in 2018
Investors Can Only Trade Venezuelan Petro to Crypto if Bought in 2018

According to TeleSUR TV, Venezuela's “cryptocurrency” Petro can only be traded to other crypto assets if bought before the end of 2018.

conditional negative
Crypto Currency: Ethereum Analysis And Bitcoin’s Relative Rotation Graph

Ethereum Analysis and Bitcoin’s Relative Rotation Graph

indicative neutral
Prices rose 833,997 percent in Venezuela over the past year
Prices rose 833,997 percent in Venezuela over the past year

Venezuela’s consumer prices rose 833,997 percent in the 12 months through October, according to a report published by the opposition-controlled Congress.

indicative neutral
Venezuela's annual inflation hit 833,997 percent in October: Congress

Venezuela's consumer prices rose 833,997 percent in the twelve months through October, according to a report by the opposition-controlled Congress published on Wednesday, the latest sign that policy changes in August failed to halt rampant hyperinflation.

indicative neutral

VEF currency converter