What is the name of money in Venezuela?

Answer The national currency of Venezuela is the bolivar, which comes in coins of 50, 100 and 500 bolivares. The currency comes in banknotes of 1000, 2000, 5000, 10,000, 20,000 and 50,000 denominations. T... Read More »

Top Q&A For: What is the name of money in Venezuela

What is money called in Venezuela?

As of 2008, the currency of Venezuela is called the bolivar fuerte. One bolivar fuerte is 100 céntimos, as states. Furthermore, the bolivar fuerte was devalued in 2010 to curb... Read More »

What is the money called in Venezuela?

Venezuela's currency, the bolivar fuerte, literally "strong bolivar," was introduced in January 2008 to replace the bolivar, which was devalued. The bolivar fuerte is subdivided into 100 centimos. ... Read More »

What are human and physical characteristics of Venezuela?

What type of economic system does venezuela have?

Venezuela has an economy that is based on free trade, but has a heavy socialist bent. Many companies in agribusiness, steel, oil, tourism and banking have been nationalized. It is ranked by the Her... Read More »