Venezuelan bolívar

E98922

The Venezuelan bolívar is the official fiat currency of Venezuela, historically affected by high inflation and multiple redenominations.

Aliases (1)

Statements (47)
Predicate Object
instanceOf fiat currency
affectedBy hyperinflation in Venezuela
centralBank Banco Central de Venezuela
Central Bank of Venezuela
country Venezuela
currencyOf Bolivarian Republic of Venezuela NERFINISHED
formerISO4217Code VEB
VED
VEF
hasAlternativeName bolívar digital
bolívar venezolano
hasCharacteristic high inflation
multiple redenominations
hasCurrencySystemChange introduction of bolívar fuerte in 2008
introduction of bolívar soberano in 2018
introduction of digital bolívar in 2021
hasDenominationType banknote
coin
hasRisk rapid loss of purchasing power
introduced 1879
isLegalTender true
ISO4217Code VES
isPartOf Venezuelan economy
isPegged false
isSubjectTo exchange controls in Venezuela
isWidelyTradedInternationally false
languageOfName Spanish
legalTenderIn Venezuela NERFINISHED
monetaryPolicyAuthority Central Bank of Venezuela NERFINISHED
monetarySystem decimal
monitoredBy Central Bank of Venezuela NERFINISHED
namedAfter Simón Bolívar
officialCurrencyOf Venezuela
pluralFormInSpanish bolívares
precededBy Venezuelan peso
redenomination 2008 bolívar fuerte reform
2018 bolívar soberano reform
2021 digital bolívar reform
region South America
subunit céntimo
subunitToUnitRatio 100
symbol Bs.
Bs.S
BsF
unitNameInSpanish bolívar
usedFor domestic payments in Venezuela
usedIn Venezuela NERFINISHED

Referenced by (4)
Subject (surface form when different) Predicate
Caracas
Venezuela
currency
Rómulo Gallegos Prize
currencyOfCashPrize
Venezuelan bolívar ("bolívar digital")
hasAlternativeName

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