Banknotes in circulation commonly include 5, 10, 20, 50, and 100 Bolívares.
The bolívar lost three zeros, replacing the old Bolívar.
Due to high inflation, the Bolívar experienced severe devaluation. As of early 2026, 100 VES to USD exchange rates fluctuate, often placing 100 VES at a very low dollar value.
The Bolívar fuerte was replaced by the Bolívar soberano, removing five zeros.
Here is a detailed breakdown of the Bolivar, including its history, valuation, and current physical forms. Currency Evolution and Redenominations
The front of modern notes typically features a portrait of Simón Bolívar, the national hero of Venezuela.
The Venezuelan Bolivar (VES) has a complex history defined by extreme hyperinflation, causing the government to repeatedly redenominate the currency. As of October 2021, the current currency, known as the "Bolivar Digital," represents the latest effort to simplify transactions by removing six zeros from the previous "Bolivar Soberano".
Notes feature varied security threads and watermarks. Key Contextual Factors