Bolivar Fuerte a Dolar: Guía Completa de Conversión y Mercado

The Bolivar Fuerte a Dolar conversion is a crucial aspect to understand, especially for those traveling to Venezuela or doing business with the country. The official exchange rate is set by the Central Bank of Venezuela.

You can find the current exchange rate on the Central Bank of Venezuela's website or through various online currency conversion tools.

In Venezuela, the Bolivar Fuerte (VEF) is the official currency, and it's subdivided into 100 centimos. The Dolar is widely accepted, especially in tourist areas and major cities.

Consider reading: 100 Us Dollar to Venezuelan Bolivar

The Venezuelan Bolívar Fuerte (VEF) is the official currency of Venezuela.

The symbol for the Venezuelan Bolívar Fuerte is VEF.

You can find the following coins in circulation: 50 céntimos and Bs 1.

Bills available in Venezuela range from Bs.S. 2 to Bs.S. 500.

The Banco Central de Venezuela is the central bank of Venezuela.

The Federal Reserve Bank is the central bank of the United States.

Here's a comparison of the available denominations of bills in both currencies:

The tasa de cambio, or exchange rate, is the key to understanding how much your bolivar fuerte is worth in US dollars. In the latest data from the Board of Governors of the Federal Reserve System, the Venezuelan Bolivares to U.S. Dollar Spot Exchange Rate has been averaging around 72000 VEF = 0.02 USD.

To get an idea of the current exchange rate, you can check the tipo de cambio table, which shows the exchange rate for the past 2 weeks. On February 3, 2025, 1 VEF was equivalent to 0.0000028 USD.

The exchange rate can fluctuate greatly, as seen in the estadísticas de 1 VES a USD, which show a maximum of 30 days of 0.0196 and a minimum of 30 days of 0.0183. This means the average of 30 days was 0.0190.

Here's a summary of the exchange rates for different amounts of bolivar fuerte:

Keep in mind that exchange rates can change rapidly, so it's essential to check the current rate before making any transactions.

You can convert bolivar fuerte (VEF) to dollars (USD) using various tools and websites.

The Venezuelan Bolivares to U.S. Dollar Spot Exchange Rate is available in the Board of Governors of the Federal Reserve System (US) data series EXVZUS. This data series is updated weekly from the source files in the Data Download Program.

To convert VEF to USD, you can use a currency converter that shows the current exchange rate and its evolution over the last few days, weeks, or months.

The exchange rate for 1 VEF to USD has varied over time, with a maximum of 0.0196 and a minimum of 0.0183 over the last 30 days, resulting in a 30-day average of 0.0190. This indicates a fluctuation of -6.65.

Here are some examples of conversion rates:

Keep in mind that exchange rates can change frequently, so it's essential to check the current rate before making any conversions.

The Venezuelan economy is highly dollarized, with over 55% of transactions taking place in US dollars, as estimated by Guillermo D. Olmo, a former BBC Mundo correspondent.

This has led to a shift away from using bolívares for everyday transactions, with many people preferring to use credit cards or electronic transfers instead.

The Venezuelan Central Bank has described the introduction of the bolívar digital as a "historic milestone" in the country's economic recovery.

The BCV has also stated that the value of the bolívar will not be affected by the introduction of the digital currency, and that the reference exchange rate will continue to be determined by the market.

In fact, more than half of all transactions in Venezuela are already made in dollars, making it a dollar-dominated economy.