Venezuelan Bolivar Fuerte (VEF)

Forbes  Dec 6  Comment 
When it comes to currencies, Venezuela has a long history of producing junk. Here's why the regime's plan to issue one backed by oil, gas, gold and diamonds is doomed to fail, which is regrettable, because it will give the idea of a...  Dec 21  Comment 
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The Venezuelan Bolivar Fuerte is the new currency of Venezuela since the 1st of January 2008. It replaced the bolivar which had grown less useful due to excess inflation.

The chart at left shows the USD/VEF currency pair; the number of Venezuelan Bolivar Fuerte equivalent to 1 U.S. Dollar (USD).

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