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Exchange Rate System The Venezuelan bolivar (VEF), the official currency of Venezuela, has been under a controlled system for over 15 years. Although it has undergone periodic devaluations ...

but also the Venezuelan bolivar exchange rate history in more detail. The currency code for Venezuelan bolivar is VEF.

Venezuelan government devalued its bolivar currency for the second time in 12 months on Thursday, abolishing the lowest exchange rate as the Opec member fights to revive its economy. Intended to ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

It will affect the flow of foreign currency and ... were a relief for the Venezuelan central bank, which no longer had to offer the total amount of dollars for the exchange market.

Cancellation is test economic challenge for government 85% of Venezuela's income ... offer in the country's exchange market, stoking depreciation of the local bolivar currency and prices, analysts ...