The currency devaluation has forced a massive shift towards the US Dollar (USD) for daily transactions in Venezuela, with the Bolívar often used only for smaller, local transactions.
Notes feature varied security threads and watermarks. Key Contextual Factors bolivar
Due to high inflation, the Bolívar experienced severe devaluation. As of early 2026, 100 VES to USD exchange rates fluctuate, often placing 100 VES at a very low dollar value. The currency devaluation has forced a massive shift
The Venezuelan Bolivar has underwent three major redenomination events since 2008 to combat hyperinflation: removing five zeros.
The Bolívar fuerte was replaced by the Bolívar soberano, removing five zeros.