Bolívar Soberano (digital) (VED)
The Bolívar Soberano (digital) is issued by the Central Bank of Venezuela.
- Alphabetic code
- VED
- Numeric code
- 926
- Symbol
- Bs.D
- Minor units
- 2
- Example
- VED 1,234.50
- Used in
- Venezuela
History
- 2008 The bolívar fuerte replaces the bolívar at 1 for 1,000, under Decree-Law No. 5.229 on monetary reconversion.
- 2018 The bolívar soberano replaces the bolívar fuerte at 1 for 100,000 from 20 August, under Decree No. 3.548.
- 2021 A new monetary expression takes effect on 1 October, with 1 new bolívar equal to 1,000,000 previous bolívares, under Decree No. 4.553.
No reference rate is available from the rate provider for VED. You can enter a custom rate below.
Sources
- Decree 4.553 on the new monetary expression, full text (Acceso a la Justicia)
- Venamcham: Law by Experts 10, monetary reconversion 2021 (secondary)
- Diario de los Andes: reconversion from 20 August 2018 (secondary)
- Forvis Mazars Venezuela: nueva expresión monetaria (secondary)
- SIX Group: ISO 4217 list one