The USD/VES exchange rate was unchanged at 114.2685 on July 11, 2025. Over the past month, the Venezuelan Bolivar has weakened 13.19%, and is down by 213.25% over the last 12 months. Historically, the USDVES reached an all time high of 4171327.50 in September of 2021.

The Venezuelan Bolivar is expected to trade at 113.13 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 118.86 in 12 months time.



Related Last Previous Unit Reference
United States Inflation Rate 2.40 2.30 percent May 2025
Venezuela Inflation Rate 172.00 136.00 percent Apr 2025
United States Fed Funds Interest Rate 4.50 4.50 percent Jun 2025
Venezuela Interest Rate 59.22 59.29 percent May 2025
United States Unemployment Rate 4.10 4.20 percent Jun 2025
Venezuela Unemployment Rate 5.50 5.50 percent Dec 2024

Venezuelan Bolivar
Venezuela introduced a new currency, the sovereign bolivar, on August 20th 2018, in an attempt to curb hyperinflation and economic crisis in the country. The new bolivar is anchored to the Petro, an oil-backed digital cryptocurrency launched in February. The exchange rate of the Petro cryptocurrency is fixed at $60, or 3,600 redenominated bolivars. The USDVES spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the VES. While the USDVES spot exchange rate is quoted and exchanged in the same day, the USDVES forward rate is quoted today but for delivery and payment on a specific future date.
Actual Previous Highest Lowest Dates Unit Frequency
114.27 114.27 4171327.50 0.00 2016 - 2025 Daily