Currency Information on Venezuelan Bolívar
Currency Information on Venezuelan Bolívar - VEF – Venezuelan bolivar – Bs
Introduced in 2008, the Venezuelan bolivar (bolivar fuerte) replaced the original bolivar at a ratio of 1: 1,000, revaluing the currency.
‘Bolivar fuerte’ translates into ‘strong currency’, but also has rigins in the peso fuerte, an old coin.
Coins are available in denominations of 1c, 5c, 12 ½ c, 25c, 50c and one bolivar. Banknotes circulate in denominations of 2, 5, 10, 20, 50 and 100 bolivar.