Information about the Venezuelan Bolivar

Currency

Bolivar (VEB) = 100 céntimos. Notes are in denominations of VEB50,000, 20,000, 10,000, 5000, 2000, 1000, 500, 100, 50, 20, 10 and 5. Coins are in denominations of VEB500, 100, 50, 25, 5, 2 and 1, and 50, 20, 10 and 5 céntimos.

Currency exchange

Banks will change cheques and cash, and cambios will change cash only; as will hotels, although often at a less favourable rate. Travellers are advised to bring currency in US Dollars.

Credit & debit cards

American Express, MasterCard and Visa are accepted in main cities and tourist centres; Diners Club has more limited acceptance.

Traveller's cheques

Widely accepted, although one may be asked to produce a receipt of purchase when changing them in Venezuela. Exchange is more difficult in some places than others. Some kinds of traveller's cheques are not accepted; seek advice before travelling. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in US Dollars.

Currency restrictions

The import and export of local and foreign currency is unlimited.