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.
The Central Bank of Venezuela sets official rates, which are often different from the black market rate. Collectibility bolivar
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 currency devaluation has forced a massive shift