The USD/VES exchange rate was unchanged at 548.6851 on May 29, 2026. Over the past month, the Venezuelan Bolivar has weakened 12.22%, and is down by 464.54% over the last 12 months. Historically, the USDVES reached an all time high of 11829240.00 in July of 2025.

The Venezuelan Bolivar is expected to trade at 552.61 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 540.78 in 12 months time.





Related Last Previous Unit Reference
United States Inflation Rate 3.80 3.30 percent Apr 2026
Venezuela Inflation Rate 611.86 649.47 percent Apr 2026
Venezuela Interest Rate 58.91 58.60 percent Apr 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Apr 2026
United States Unemployment Rate 4.30 4.30 percent Apr 2026
Venezuela Unemployment Rate 5.30 5.30 percent Dec 2025

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
548.69 548.68 11829240.00 0.00 2016 - 2026 Daily

News Stream
Venezuelan Bolivar Hits 14-month High
The Venezuelan Bolivar touched 48.00 against the USD, the highest since December 2024. Over the past 4 weeks, Venezuelan Bolivar gained 13.72%, and in the last 12 months, it increased 540.66%.
2026-02-26
Venezuelan Bolivar Hits 31-month High
The Venezuelan Bolivar touched 14.00 against the USD, the highest since December 2022. Over the past 4 weeks, Venezuelan Bolivar lost 86.03%, and in the last 12 months, it decreased 61.63%.
2025-07-11