The Central Bank of Venezuela sets official rates, which are often different from the black market rate. Collectibility
The currency devaluation has forced a massive shift towards the US Dollar (USD) for daily transactions in Venezuela, with the Bolívar often used only for smaller, local transactions. bolivar
The Bolívar fuerte was replaced by the Bolívar soberano, removing five zeros. The Central Bank of Venezuela sets official rates,
The front of modern notes typically features a portrait of Simón Bolívar, the national hero of Venezuela. The front of modern notes typically features a
Six more zeros were removed, bringing the total zeros removed to 14. Current Currency Landscape (As of 2026) Official Name: Bolívar Digital.
The "Digital" name aims to promote electronic payments, aiming to simplify bookkeeping calculations and modernize payment systems. Banknote Features
Banknotes in circulation commonly include 5, 10, 20, 50, and 100 Bolívares.