Venezuelan Bolívar

The Venezuelan currency is the Venezuelan bolívar soberano (VES). It was introduced in August 2018, replacing the previous currency, the bolívar fuerte (VEF). The bolívar soberano has been pegged to the United States dollar since its introduction. The Venezuelan currency is the Venezuelan bolívar soberano (VES). It was introduced in August 2018, replacing the previous currency, the bolívar fuerte (VEF). The bolívar soberano has been pegged to the United States dollar since its introduction. The new currency was announced by President Nicolás Maduro on 3 August 2018, and it went into circulation on 20 August 2018. The bolívar soberano is intended to stabilize the Venezuelan economy by pegging the currency to the United States dollar. The currency is currently worth about $0.02. The Venezuelan government has been struggling to manage the country's economy, and the bolívar fuerte had become increasingly devalued. Inflation in Venezuela reached a record high of 130,060% in 2018. The new currency is intended to help combat inflation and stabilize the economy. The Venezuelan currency is the Venezuelan bolívar soberano (VES). It was introduced in August 2018, replacing the previous currency, the bolívar fuerte (VEF). The bolívar soberano has been pegged to the United States dollar since its introduction. The new currency was announced by President Nicolás Maduro on 3 August 2018, and it went into circulation on 20 August 2018. The bolívar soberano is intended to stabilize the Venezuelan economy by pegging the currency to the United States dollar. The currency is currently worth about $0.02. The Venezuelan government has been struggling to manage the country's economy, and the bolívar fuerte had become increasingly devalued. Inflation in Venezuela reached a record high of 130,060% in 2018. The new currency is intended to help combat inflation and stabilize the economy. The Venezuelan currency is the Venezuelan bolívar soberano (VES). It was introduced in August 2018, replacing the previous currency, the bolívar fuerte (VEF). The bolívar soberano has been pegged to the United States dollar since its introduction. The new currency was announced by President Nicolás Maduro on 3 August 2018, and it went into circulation on 20 August 2018. The bolívar soberano is intended to stabilize the Venezuelan economy by pegging the currency to the United States dollar. The currency is currently worth about $0.02. The Venezuelan government has been struggling to manage the country's economy, and the bolívar fuerte had become increasingly devalued. Inflation in Venezuela reached a record high of 130,060% in 2018. The new currency is intended to help combat inflation and stabilize the economy.