1 USD to VES - US Dollars to Venezuelan Bolívares Exchange Rate (2024)

FAQs

1 USD to VES - US Dollars to Venezuelan Bolívares Exchange Rate? ›

1 USD = 36.327958 VES Jun 23, 2024 08:12 UTC.

1 USD = 36.327958 VES Jun 23, 2024 08:12 UTC.

Basic Info. US Dollar to Venezuelan Bolivar Exchange Rate is at a current level of 36.34, down from 36.36 the previous market day and up from 27.04 one year ago.

Average Monthly Salary Private Sector - ranges from $120–180USD depending on the data source. Average Monthly Salary Public Sector Employee - ranges from $30–50USD, can be more, or a bit less.

Property can be relatively cheap in Venezuela. For example, a beach-front condominium residence on the popular Margarita Island can be bought for $70,000, and a three-bedroom villa can be bought for under $100,000. However, larger properties can fetch much higher sums.

A family of four estimated monthly costs are 2,224.0$ without rent. A single person estimated monthly costs are 602.4$ without rent. Cost of living in Venezuela is, on average, 45.6% lower than in United States. Rent in Venezuela is, on average, 86.0% lower than in United States.

The monthly minimum wage of 130 bolivars, equivalent to $3.5 at the official rate, has not been adjusted since March 2022, but the government has paid out bonuses to public sector employees and retirees.

Is Venezuelan money worth anything in US dollars? ›

1 VES = 0.027527 USD Jun 22, 2024 06:25 UTC.

The Venezuelan Bolivar (VEF) is the official currency of Venezuela. The current bolivar, known as the “Bolivar Soberano” (Sovereign Bolivar), was introduced on August 20, 2018, as a replacement for the “Bolivar Fuerte” (Strong Bolivar) at a rate of 100,000 VEF to 1 VES.

Iranian Rial (IRR):

Iran's official currency, the Iranian Rial (IRR), is currently the world's least valuable currency, with 1 Indian Rupee (INR) equaling 503.97 IRR. This depreciation is primarily influenced by political unrest, the lasting effects of the Iran-Iraq war, and the country's nuclear programme.

Property can be relatively cheap in Venezuela. For example, a beach-front condominium residence on the popular Margarita Island can be bought for $70,000, and a three-bedroom villa can be bought for under $100,000. However, larger properties can fetch much higher sums.