Venezuelan Bolivar

The Venezuelan Bolivar remained unchanged at 6.29 in April from 6.29 in March of 2014. Venezuelan Bolivar averaged 2.08 from 1988 until 2014, reaching an all time high of 6.35 in April of 2014 and a record low of 0.05 in April of 1990. The USDVEB spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the VEB. While the USDVEB spot exchange rate is quoted and exchanged in the same day, the USDVEB forward rate is quoted today but for delivery and payment on a specific future date. This page provides - Venezuelan Bolivar - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
6.29 6.29 6.35 0.05 6.28 | 2014/05 1988 - 2014 Monthly

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Venezuelan  Bolivar
LIST BY COUNTRY

Markets Last Previous Highest Lowest Forecast Unit
Stock Market 2316.90 2014-04-23 2523.11 67504.00 0.76 2535.09 2014-05-31 Index points [+]
Currency 6.29 2014-04-24 6.29 6.35 0.05 6.28 2014-05-31 [+]
Government Bond 10y 12.77 2014-04-23 12.77 19.19 2.40 12.14 2014-05-31 Percent [+]
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Currency | Notes
An exchange rate is the current market price for which one currency can be exchanged for another. For instance, if the Euro exchange rate for the United States Dollar stands at 1.3, this means that 1 euro can be exchanged for 1.3 U.S. dollars. Because exchange rates play such an important role in a country's competiveness level, currency exchange rates are among the most analysed and forecasted indicators in the world. The exchange rate is determined by the level of supply and demand on the international markets. However, changes in foreign exchange market rates are often difficult to understand and to predict because the market is very large and volatile. In fact, the currency markets are the most liquid in the world with a daily turnover of close to $2 trillion, which compares to $500 billion for the US government bond market and $70 billion on the New York Stock Exchange.


RELATED NEWS

Venezuela Changes in Inventories at 1691.00 VEF Million  
Changes in Inventories in Venezuela decreased to 1691 VEF Million in the third quarter of 2013 from 1880 VEF Million in the second quarter of 2013. Changes in Inventories in Venezuela is reported by the Banco Central De Venezuela.
Venezuela Consumer Price Index (CPI) at 527.70 Index Points  
Consumer Price Index (CPI) in Venezuela increased to 527.70 Index Points in February of 2014 from 514.40 Index Points in January of 2014. Consumer Price Index (CPI) in Venezuela is reported by the Banco Central De Venezuela.
Venezuela Consumer Spending at 11605.00 VEF Million  
Consumer Spending in Venezuela increased to 11605 VEF Million in the third quarter of 2013 from 11160 VEF Million in the second quarter of 2013. Consumer Spending in Venezuela is reported by the Banco Central De Venezuela.
Venezuela Core Consumer Prices at 594.30 Index Points  
Core Consumer Prices in Venezuela increased to 594.30 Index Points in December of 2013 from 582.30 Index Points in November of 2013. Core Consumer Prices in Venezuela is reported by the Banco Central De Venezuela.
Venezuela Crude Oil Production at 2300.00 Thousands Barrels per Day  
Crude Oil Production in Venezuela remained unchanged at 2300 Thousands Barrels per Day in December of 2013 from 2300 Thousands Barrels per Day in November of 2013. Crude Oil Production in Venezuela is reported by the U.S. Energy Information Administration.
Venezuela Employed Persons at 13005919.00  
The number of employed persons in Venezuela increased to 13005919 in February of 2014 from 12530619 in January of 2014. Employed Persons in Venezuela is reported by the National Institute of Statistics, Venezuela.
Venezuela External Debt at 610.00 USD Million  
External Debt in Venezuela increased to 610 USD Million in February of 2014 from 143 USD Million in January of 2014. External Debt in Venezuela is reported by the Banco Central De Venezuela.
Venezuela Government Spending at 2876.00 VEF Million  
Government Spending in Venezuela increased to 2876 VEF Million in the third quarter of 2013 from 2655 VEF Million in the second quarter of 2013. Government Spending in Venezuela is reported by the Banco Central De Venezuela.
Venezuela Gross Fixed Capital Formation at 4681.00 VEF Million  
Gross Fixed Capital Formation in Venezuela decreased to 4681 VEF Million in the third quarter of 2013 from 4759 VEF Million in the second quarter of 2013. Gross Fixed Capital Formation in Venezuela is reported by the Banco Central De Venezuela.
Venezuela Commercial Bank Loan Rate at 15.59 Percent  
Interbank Rate in Venezuela decreased to 15.59 percent in March of 2014 from 16.27 percent in February of 2014. Interbank Rate in Venezuela is reported by the Banco Central De Venezuela.
MORE RELATED NEWS

LATEST NEWS

Tokyo Core CPI At 22- Year High in April  
Core consumer prices in Tokyo, a leading indicator of nationwide inflation, rose 2.7 percent in April from a year earlier, the fastest gain since 1992 as an increase in sales tax drove up cost of goods and services.
US Durable Goods Orders Surge in March  
New orders for manufactured durable goods in March increased $6.0 billion or 2.6 percent to $234.8 billion. This increase, up two consecutive months, followed a 2.1 percent February increase.
US Jobless Claims Rise in Latest Week  
In the week ending April 19, the advance figure for seasonally adjusted initial claims was 329,000, an increase of 24,000 from the previous week's revised level. There were no special factors impacting this week's initial claims.
Central Bank of Turkey Leaves Main Rates on Hold  
The Monetary Policy Committee decided on April 24th, 2014, to leave the one-week repo rate on hold at 10.0 percent for the third straight meeting. The Central Bank said it will maintain the current policy stance until there is a significant improvement in the outlook for inflation.
Swiss Trade Surplus Narrows Further in March  
The trade surplus decreased 10.6 percent in March of 2014 from the previous month to CHF 2.1 billion as imports rose at a higher pace than exports. Compared with a year earlier, the trade balance increased by 17.2 percent, driven by stronger sales of pharmaceuticals and chemicals products, and machinery to Europe and China.
Polish Unemployment Rate Falls in March  
Poland’s jobless rate dropped for the second straight month in March of 2014 to 13.5 percent, down from 13.9 percent in February and below market forecasts. A year earlier, unemployment was recorded at 14.3 percent.
South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
Reserve Bank of New Zealand Increases Interest Rate to 3.0%  
At its April 23rd, 2014 meeting, the Reserve Bank of New Zealand lifted the benchmark interest rate for the second straight meeting by 25 bps to 3.0 percent, as inflationary pressures were increasing and were expected to continue doing so over the next two years.
US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
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