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The currency unit in Venezuela is the Bolivar Fuerte. The official exchange rate of the Bolivar Fuerte is 2.15 BsF/US Dollar. The Bolivar is named for Simon Bolivar who liberated Venezuela from Spanish rule. The Bolivar Fuerte replaced the Bolivar on Jan 1, 2008. Inflation had reduced the value of the Bolivar and the Bolivar Fuerte is worth 1,000 original Bolivares.

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16y ago

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