The Venezuelan bolivar, the once prosperous currency, has struggled to recover after a period of massive hyperinflation. The collapse saw the country’s economy shrink by three-quarters.

Venezuela faced a difficult situation. The country’s yearly inflation rate reached a staggering 85%, a significant increase from the already concerning rises before September of that year. According ...

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.

Venezuelan President Nicolas Maduro, who was sworn in for a third term last week that most of the world has refused to recognize, claimed Wednesday his government had driven inflation down to a ...

President Donald Trump has signed an executive order barring US companies and citizens from dealing in Venezuela's crypto-currency, the Petro. Mr Trump said the currency - which was launched in ...

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

An opposition demonstrator walks near a bus in flames during clashes with soldiers loyal to Venezuelan President Nicolas Maduro in the surroundings of La Carlota military base in Caracas on April ...

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.