USDV
USD/VEF
Market Open
- Volume
VEF
Previous Close Want to track USDVEF and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
USDVEF Overview
USDVEF denotes the exchange rate of the United States dollar (USD) priced in Venezuelan bolivar (legacy) (VEF), showing how many bolívares are required to buy one U.S. dollar. It tracks the relative value between the two currencies and is used to compare purchasing power and convert balances denominated in VEF to USD.
The United States dollar is the official currency of the United States, issued by the Federal Reserve System. As a widely used medium of exchange and unit of account in global finance, the USD serves as a common reference in international trade, reserves, and cross-border transactions.
The Venezuelan bolivar (legacy) (VEF) was the national currency of Venezuela and was issued by the Central Bank of Venezuela (Banco Central de Venezuela). Classified as a legacy unit following subsequent redenominations, VEF may have limited liquidity and formal use in current onshore FX markets.
Movements in the USDVEF rate are determined by supply and demand for dollars versus bolívares, influenced by interest rate differentials, domestic inflationary pressures, central bank policy and interventions, capital controls, and broader geopolitical and commodity-related developments. Market segmentation and parallel market activity can also affect observed quotations.
For market participants, the pair is relevant for settling trade, hedging exposure to Venezuelan currency risk, historical analysis of currency performance, and speculative positions, although trading conditions and regulatory constraints can restrict direct access.
The United States dollar is the official currency of the United States, issued by the Federal Reserve System. As a widely used medium of exchange and unit of account in global finance, the USD serves as a common reference in international trade, reserves, and cross-border transactions.
The Venezuelan bolivar (legacy) (VEF) was the national currency of Venezuela and was issued by the Central Bank of Venezuela (Banco Central de Venezuela). Classified as a legacy unit following subsequent redenominations, VEF may have limited liquidity and formal use in current onshore FX markets.
Movements in the USDVEF rate are determined by supply and demand for dollars versus bolívares, influenced by interest rate differentials, domestic inflationary pressures, central bank policy and interventions, capital controls, and broader geopolitical and commodity-related developments. Market segmentation and parallel market activity can also affect observed quotations.
For market participants, the pair is relevant for settling trade, hedging exposure to Venezuelan currency risk, historical analysis of currency performance, and speculative positions, although trading conditions and regulatory constraints can restrict direct access.
USDVEF Chart
USDVEF FAQ
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is USD/VEF moving up or down?
Movements in USD/VEF are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for USD/VEF directly on this page.
