Six more zeros were removed, bringing the total zeros removed to 14. Current Currency Landscape (As of 2026) Official Name: Bolívar Digital.
The "Digital" name aims to promote electronic payments, aiming to simplify bookkeeping calculations and modernize payment systems. Banknote Features
The Central Bank of Venezuela sets official rates, which are often different from the black market rate. Collectibility bolivar
Banknotes in circulation commonly include 5, 10, 20, 50, and 100 Bolívares.
The bolívar lost three zeros, replacing the old Bolívar. Six more zeros were removed, bringing the total
The government introduced the Petro as a cryptocurrency, which sometimes ties into the valuation of the Bolivar.
The Venezuelan Bolivar (VES) has a complex history defined by extreme hyperinflation, causing the government to repeatedly redenominate the currency. As of October 2021, the current currency, known as the "Bolivar Digital," represents the latest effort to simplify transactions by removing six zeros from the previous "Bolivar Soberano". Banknote Features The Central Bank of Venezuela sets
The front of modern notes typically features a portrait of Simón Bolívar, the national hero of Venezuela.