Venezuelan Bolívar Soberano
(VES) Insights
Currency of oil-rich nation experiencing one of history's worst peacetime hyperinflation episodes; multiple redenominations; economy increasingly dollarised; OPEC member with world's largest proven oil reserves (279 billion barrels) but collapsed production under Maduro
Live Data Feed
VES Live Converter
Last Update
Authenticating...
Send Exactly
Recipient Gets
—
Real-time interbank rate: Live data unavailable
Currency Snapshot
Technical specifications, central bank governance, and market standing for Venezuelan Bolívar Soberano.
VES
Standardized ISO 4217 Currency Code
Bs.S
Unicode Glyphs & Display Symbol
1/100 = Céntimo Decimals
Subdivision unit definition
Venezuela
Central Bank of Venezuela (BCV)
Central Bank of Venezuela (BCV)
—
Market-determined exchange rate mechanism
Currency Standard: Fiat (heavily distorted, partially dollarised)
Classified as Fiat (heavily distorted, partially dollarised) in global trade networks
Banknotes
Bs.S 5
Coins
Bs.S 0.50
Global Network Integration
The FX Intelligence terminal maps the institutional footprint of the Venezuelan Bolívar Soberano, highlighting cross-border utilization and primary trading corridors.
Verified Authority
Regulated data streams mapped to Central Bank of Venezuela (BCV).
VES Market Insights
Deep-dive analysis of the Venezuelan Bolívar Soberano's global impact, remittance role, and institutional influence.
Strong Currency Impact
N/A (hyperinflationary environment dominates all impacts)
Weak Currency Impact
N/A; hyperinflation, dollarisation, and oil collapse define currency dynamics
Remittance Role
Venezuela is a remittance receiver due to massive diaspora (6+ million Venezuelans abroad in Colombia, Peru, Ecuador, USA); ~$4 billion/year
Central Bank Tools
Interest rates, FX auction (Sicad/Dicom systems), monetary financing (printing money)
Common Questions About Venezuelan Bolívar Soberano
Everything you need to know about VES exchange rates, banknotes, and historical significance.