Venezuela FX Rate Information and Exchange Rates

The Venezuelan FX rate is a complex and ever-changing beast. The official exchange rate is set by the government and is currently around 3.30 bolivars to the US dollar.

However, the black market rate is significantly higher, often reaching as high as 6,000 bolivars to the dollar. This disparity has led to widespread shortages and inflation in Venezuela.

In 2018, the government introduced a new currency, the sovereign bolivar, which was pegged to the US dollar at a rate of 3.3 bolivars to the dollar.

The daily updates on the Venezuela FX rate are quite interesting. Over the last 30 days, the high for 1 VES to USD was 0.0193.

If you're looking at the bigger picture, the last 90 days show a more significant variation. The high for 1 VES to USD over this period was 0.0239.

The low for 1 VES to USD over the last 30 days was 0.0177, which is also the low for the last 90 days. This indicates a steady decline in the value of the VES.

Here's a quick summary of the daily updates:

Conversely, the daily updates for 1 USD to VES show a different trend. The high for this period over the last 30 days was 56.5656.

Over the last 90 days, the high for 1 USD to VES was also 56.5656. This indicates a steady increase in the value of the USD in relation to the VES.

The low for 1 USD to VES over the last 30 days was 51.6874, while the low for the last 90 days was 41.8928. This shows a significant decline in the value of the VES over the longer period.

Here's a summary of the daily updates for 1 USD to VES:

The daily updates also show the change in the value of the VES over the last 30 and 90 days. For 1 VES to USD, the change over the last 30 days was -8.62%, while the change over the last 90 days was -25.94%.

For 1 USD to VES, the change over the last 30 days was 9.44%, while the change over the last 90 days was 35.02%.

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 drop down as the currency you want to convert to, and our currency converter will show you the current VES to USD rate.

The current VES to USD rate can be found in the table data provided by the Board of Governors of the Federal Reserve System (US), which is updated on a weekly basis every Monday. This rate is available for the period from 1995-01-01 to 2024-11-01.

To get the most up-to-date information, you can check the source files in the Data Download Program, which are updated on a weekly basis every Monday.

The performance of VES to USD in the last 30 days saw a 30 day high of 0.0193 and a 30 day low of 0.0177, resulting in a 30 day average of 0.0186 and a change of -8.62.

The Venezuelan bolivar has had a complex exchange rate system for over 15 years. It's been under a controlled system, with periodic devaluations.

The official exchange rate is overvalued, and the government controls all the rates. Outside of the official system is the black market, where the exchange rate is significantly different.

In 2016, the black market exchange rate was around 900 bolivars to the US dollar. This highlights the significant disparity between the official and unofficial exchange rates.

The Venezuelan bolivar has undergone various exchange rate systems, including SICAD I and SICAD II. These systems were introduced to offer different exchange rates for various sectors.

The current exchange rate system is the DICOM. However, the exact details of this system are not provided in the available information.

Here is a summary of the exchange rate systems:

The exchange rate for Venezuelan bolivars to US dollars has fluctuated significantly. In the last 30 days, the 30-day high was 0.0193 and the 30-day low was 0.0177, with an average of 0.0186. The change was -8.62%.

In the last 90 days, the 90-day high was 0.0239 and the 90-day low was 0.0177, with an average of 0.0204. The change was -25.94%.