US Dollar (USD) to Venezuelan bolivar (VEF) exchange rate history. Currency Menu. Currency exchange against the Euro; Currency exchange against the US dollar. Currency converter. Amount Exchange rate Euro / Venezuelan bolivar fuerte Graph and download economic data for Venezuela / U.S. Foreign Exchange Rate (EXVZUS) from Jan 1995 to Feb 2020 about Venezuela, exchange rate, Since August 2018, the national currency became VES (1 VES = 100 000 VEF). Exchange Rate against USD prior to January 1995 is sourced from the Its value has rapidly depreciated since the close of 2016 in response to the economic, political and humanitarian crises in Venezuela. Currency: Venezuelan
This currency rates table lets you compare an amount in Venezuelan Bolivar to all other currencies. Currency Exchange Table (Venezuelan Bolivar - VEF) - X-Rates Skip to Main Content
Currency conversion rates from Venezuelan Bolívar Fuerte to U.S. Dollar today Sat, 29 Feb 2020: convert from VEF to USD and also convert in a reverse direction. Rates are based on real time exchange rates. Exchange rates are updated every 15 minutes. Details such as how the supply and demand of hard currency would be regulated, for instance, have yet to be released. Venezuelan Bolivar Exchange Rate Forecast. Against this backdrop, FocusEconomics panelists expect the official rate to end 2019 at 28.6 million per USD, before rising to 1.5 billion VES per USD by the end of 2020. Currency converter to convert from United States Dollar (USD) to Venezuelan Bolívar (VES) including the latest exchange rates, a chart showing the exchange rate history for the last 120-days and information about the currencies. Currently there are four exchange rates: First is the official one, called CENCOEX, and which charges 6.30 bolivars to the dollar. It is only intended for the importation of food and medicine. The next two exchange rates are SICAD I (12 bolivars per dollar) and SICAD 2 (50 bolivars per dollar); they assign dollars to enterprises that import all The Central Bank of Venezuela (Spanish: Banco Central de Venezuela, BCV) is the central bank of Venezuela. It maintains a fixed exchange rate for the Venezuelan bolívar. Nelson Merentes is the President of the Central Bank of Venezuela. Merentes is a representative of Venezuela for the International Monetary Fund.
But it appears there’s been a collapse in the supply of dollars -- or a spike in demand for them -- from the small group of companies and individuals that have access to the central bank auctions, sending the rate plummeting 52 percent this week alone and 83 percent in January.
1 Jan 2019 Venezuela's exchange rate regime provides no discipline. suffered from an unstable currency and elevated inflation rates before the arrival of 30 Dec 2016 What Happened When Venezuela Outlawed Its Own Currency value of the bolívar in Venezuela, so people rely on an online exchange rate, On May 2017, the government of Venezuela changed their multi-tier Venezuelan official exchange rate system, as announced by the government on March 2016. "Essential" goods are exchanged at a fixed mid-market rate of 9.9875 VEF/USD. This rate is called the “DIPRO”. The Venezuelan government decides what "essential" goods qualify for this rate. VEF to USD Stats. HighThese are the highest points the exchange rate has been at in the last 30 and 90-day periods. LowThese are the lowest points the exchange rate has been at in the last 30 and 90-day periods. AverageThese are the average exchange rates of these two currencies for the last 30 and 90 days. This currency rates table lets you compare an amount in Venezuelan Bolivar to all other currencies. Currency Exchange Table (Venezuelan Bolivar - VEF) - X-Rates Skip to Main Content Venezuela introduced a new currency, the sovereign bolivar, on August 20th 2018, in an attempt to curb hyperinflation and economic crisis in the country. The new bolivar is anchored to the Petro, an oil-backed digital cryptocurrency launched in February. The exchange rate of the Petro cryptocurrency is fixed at $60, or 3,600 redenominated bolivars.
8 Mar 2020 Convert 1 Venezuelan Bolívar to US Dollar. Get live exchange rates, historical rates & charts for VEF to USD with XE's free currency calculator.
View up-to-the-minute currency rates to convert from US Dollars (USD) to Venezuelan Bolivars (VES). Currency guide to Venezuela and Venezuelan bolívar (VEF) rates and money saving tips - Travel Money & Transfers. Latest & historic VEF Rates and Smart Online calculator to convert money from Venezuelan bolívar (VEF) to Guyanese dollar (GYD) using up to date exchange rates. Source: free currency rates (FCR)
The Central Bank of Venezuela (Spanish: Banco Central de Venezuela, BCV) is the central bank of Venezuela. It maintains a fixed exchange rate for the Venezuelan bolívar. Nelson Merentes is the President of the Central Bank of Venezuela. Merentes is a representative of Venezuela for the International Monetary Fund.
VEF - Venezuelan Bolívar. Our currency rankings show that the most popular Venezuela Bolívar exchange rate is the VEF to USD rate. The currency code for Bolívares is VEF, and the currency symbol is Bs.. More Venezuelan Bolívar info > Currency converter to convert from Venezuelan Bolívar (VES) to United States Dollar (USD) including the latest exchange rates, a chart showing the exchange rate history for the last 120-days and information about the currencies. This Free Currency Exchange Rates Calculator helps you convert Venezuelan Bolivar to US Dollar from any amount. This currency convertor is up to date with exchange rates from March 14, 2020.. Enter the amount to be converted in the box to the left of the currency and press the "convert" button. To show Venezuelan Bolivares and just one other currency click on any other currency.