Before traveling to anywhere in the world, you should get the general information about the country, its culture, politics, history, currency, weather and economic, so if you are traveling to Venezuela, then you should also know about the general information of Venezuela. Venezuela currency is Sovereign Bolivar since 20 August 2018.

National Currency of Venezuela

Venezuelan President Nicolas Maduro issued Venezuela new currency Sovereign Bolivar (Bs. S) in August 2018 to help to boost the collapsing economy of Venezuela. Venezuela new currency is “Sovereign Bolivar,” which replaces the old currency bolivar known as “venezolano” in 1879 and reduced the 5 zeroes from the old Venezuela currency bolivar.

History of Venezuela Currency

You may also be interested to know about the history of Venezuela currency, which is Venezuela entered into a circulation in 1788, during the independence of Venezuela, different currencies were introduce in Venezuela, in 1811 the “venezolano peso” was the currency of Venezuela then in 1876 after the plenty of political fluctuations a single currency was formed in the country, which is known as the venezolano, then replaced by the bolivar in 1879 and then replaced by the sovereign bolivar, which is the current currency of the Venezuela  since 20 August 2018.

Venezuela Currency to PKR & USD

Venezuela new currency consists of the full range of coins centimos and banknotes Bs. S or Bs. If you want to know the current exchange rate of the Venezuela currency, you can get all the latest exchange rate live from Venezuela official websites, according to latest exchange 1 USD is equal to Venezuelan Bolivar 248521.00000 VEF and 1 PKR is equal to 0.49930 VES.

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