USD to Venezuelan Bolivar Exchange Rates and History

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In 2016, the Venezuelan government introduced a new currency, the Bolivar Soberano, as a replacement for the Bolivar Fuerte. This move was an attempt to stabilize the economy and combat inflation.

The exchange rate has fluctuated wildly over the years, with the Bolivar experiencing a significant devaluation against the US dollar. In 2018, the exchange rate was around 3,500 Bolivars per US dollar.

The economic crisis in Venezuela has led to a severe shortage of foreign currency, making it difficult for Venezuelans to access US dollars. This has led to a thriving black market for currency exchange.

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Exchange Rates

The exchange rate between the US Dollar (USD) and the Venezuelan Bolivar (VES) can fluctuate significantly over time.

The highest USD to VES exchange rate in the last year was 53.964 Venezuelan Bolivars per US Dollar on January 14, 2025.

You can check the current exchange rate, which as of January 15, 2025, is 53.964 VES per US Dollar. This means that for every US Dollar you exchange, you will receive 53.964 Venezuelan Bolivars.

For more insights, see: Venezuelan Bolivar Currency

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The exchange rate can be converted in both directions. For example, 1 USD is equal to 53.964 VES, and 1 VES is worth 0.01853 USD.

To get a better idea of the exchange rate, here are some examples of conversions:

Over the last 8 years, the US Dollar has appreciated +2,072.31% against the Venezuelan Bolivar, making it a stronger currency.

Conversion Tools

You can easily convert Venezuelan bolívars to US dollars using a currency converter. Simply type in the box how much you want to convert, click on the dropdown to select VES in the first dropdown as the currency that you want to convert and USD in the second dropdown as the currency you want to convert to.

Our currency converter will show you the current VES to USD rate and how it's changed over the past day, week or month. For example, if you convert 100 US dollars, it's equivalent to 5,396.42 Venezuelan bolívars as of January 15, 2025 04:00 AM UTC.

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Credit: youtube.com, Tamika La'Shon Hill's Venezuelan Bolivars!-"How Do I Exchange Them For US Dollars?"

To view conversion rates, you can refer to the tables provided. Here's a table showing the conversion rates from US dollars to Venezuelan bolívars:

You can also use the currency converter to convert the other way around, from Venezuelan bolívars to US dollars.

Currency Comparison

The US Dollar has increased in value compared to the Venezuelan Bolivar, with a 50.01% increase in the last year. This means the US Dollar has gained significant strength against the Venezuelan Bolivar.

As of January 15, 2025, 100 US Dollars is equivalent to 5,396.42 Venezuelan Bolivars. This exchange rate is 53.964 Venezuelan Bolivars per US Dollar.

The US Dollar is currently stronger than the Venezuelan Bolivar, with 1 USD equal to 53.964 VES. This is a significant difference in value between the two currencies.

Over the past 8 years, the US Dollar has appreciated by 2,072.31% against the Venezuelan Bolivar. This means the US Dollar has gained a substantial amount of purchasing power compared to the Venezuelan Bolivar.

The US Dollar has increased by 3.72% year-to-date against the Venezuelan Bolivar, showing a steady trend of growth.

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FAQs

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The exchange rate for USD to Venezuelan Bolivar can be a bit tricky, but don't worry, I've got you covered.

The Venezuelan Bolivar is the official currency of Venezuela, and it's subdivided into 100 smaller units called céntimos.

You can exchange USD for Venezuelan Bolivar at a bank or a currency exchange office, but be aware that the exchange rate may not be favorable.

The exchange rate can fluctuate depending on the current market conditions and the economic situation in Venezuela.

Here's an interesting read: 100 Us Dollar to Venezuelan Bolivar

Conversion Rates

The conversion rates between US dollars and Venezuelan bolivars are constantly changing, but I can give you a general idea of what to expect. The exchange rate is currently 53.964 VES per 1 USD.

To get a better sense of the exchange rate, let's take a look at some specific conversion rates. For example, 100 VES is equal to approximately 1.85 USD.

Here's a breakdown of some common conversion rates:

As you can see, the conversion rates vary depending on the amount of US dollars you're converting. It's also worth noting that the exchange rate can fluctuate over time, so it's always a good idea to check the current rate before making any transactions.

Frequently Asked Questions

What is 1 dollar worth in Venezuela?

As of the last 30 days, 1 USD is equivalent to approximately 50.00 VES, with a fluctuation of 9.34% in value. The exchange rate has ranged from 47.51 to 51.95 VES per USD during this period.

Victoria Funk

Junior Writer

Victoria Funk is a talented writer with a keen eye for investigative journalism. With a passion for uncovering the truth, she has made a name for herself in the industry by tackling complex and often overlooked topics. Her in-depth articles on "Banking Scandals" have sparked important conversations and shed light on the need for greater financial transparency.

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