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Exchange Rates

altThe currency used is the Venezuela bolívar fuerte (VEF). This replaced the Venezuela Bolivar (VEB) with effect from 1st January 2008. This was due to unprecedented rises in inflation over the years. 1 VEF = 1000 VEB. The VEB, however, is obsolete currency.

The banknotes used are in denominations of 2, 5, 10, 20, 50 and 100 bolívares.
Coins are available in of 1, 5, 10, 12½, 25, 50 céntimos, and 1 bolívar denominations.  The 1 céntimo coin is rarely used, as prices are usually calculated in 5 céntimos progressions.

1 VEF = 0.232558 U.S. dollars
1 U.S. dollar = 4.30000 VEF 

 

                  

More General Information About Caracas - Venezuela

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