Since January 2008, the Bolivar Fuerte is the official currency in Venezuela.
In Venezuela, the exchange rate is fixed for several years and the foreign exchange trading is controlled by the state. As a result, has developed parallel the illegal black market rate.
Since February 2015, there is a new official exchange rate Simadi, which is considerably higher, however, still lower than the black market rate.
At the moment there are 3 official exchange rates and the illegal black market rate. Important to tourists, however, are only the last two courses.