News
Economic TimesIndia fuel price hike among world's lowest: BJP·SCMPSome Asian airlines could collapse like Spirit without help on rising fuel costs·SCMPTexans accuse Japan of doing ‘deal with the devil’ by funding US fossil fuel projects·SCMPHong Kong property upswing poised to hold despite interest rates risk: Moody’s·Al JazeeraIs the US trying to force regime change in Cuba?·SCMPCuba warns of ‘bloodbath’ if US attacks as Washington expands sanctions·NYTOil Prices Climb and Bonds Falter as Iran War Raises Inflation Fears·SCMPUS extends Russian oil waiver by 30 days as Hormuz closure chokes supply·Economic TimesIndia fuel price hike among world's lowest: BJP·SCMPSome Asian airlines could collapse like Spirit without help on rising fuel costs·SCMPTexans accuse Japan of doing ‘deal with the devil’ by funding US fossil fuel projects·SCMPHong Kong property upswing poised to hold despite interest rates risk: Moody’s·Al JazeeraIs the US trying to force regime change in Cuba?·SCMPCuba warns of ‘bloodbath’ if US attacks as Washington expands sanctions·NYTOil Prices Climb and Bonds Falter as Iran War Raises Inflation Fears·SCMPUS extends Russian oil waiver by 30 days as Hormuz closure chokes supply·
← Back to Intelligence Dashboard
🇻🇪
VES

Venezuelan Bolivar

VES · Venezuela

75
Critical
Risk
What does this mean for you?

The Venezuelan Bolivar is in serious trouble — scoring 75 out of 100 on our risk scale. If you hold this currency, your money is losing value fast. Everyday items are getting more expensive, and it's getting harder to convert to other currencies.

To keep up, your money needs to grow by at least 256% per year. Every VES100 saved today buys about VES28 next year. Calculator ↓

Inflation
254.9%
Debt / GDP
Not available
GDP Growth
5.3%
FX Volatility
100.0
Governance
-1.6
Reserves
3.7 mo
Analysis
What's working well
Economy is growing healthily
What to watch out for
Prices rising fast (254.9% per year) — your savings lose value quickly
Restrictions on moving your money out of the country
The currency has been swinging wildly — hard to plan ahead
Full Venezuela analysis →

Savings Impact Calculator

VES
Holding cash in VES254.9% inflation
VES 2Retains just VES 2 in purchasing power
Your VES 1,000 retains just VES 2 in purchasing power after 5 years
What if you invested VES 1,000 instead? (5yr, in VES terms)
USD-denominated assets gain an additional ~251.9%/yr from expected VES depreciation vs USD
Hold USD Cash
VES 517.4k
+VES 516.4k
+248.9%/yr net in VES
S&P 500
VES 621.2k
+VES 620.2k
range: VES 495.5k–VES 771.2k
10% USD return + 251.9% FX · ±16% vol
Gold
VES 604.2k
+VES 603.2k
range: VES 427.9k–VES 834.4k
8% USD return + 251.9% FX · ±24% vol
Bitcoin
VES 761.0k
+VES 760.0k
range: VES 351.3k–VES 1.5M
25% USD return + 251.9% FX · ±54% vol

All values in VES. USD-denominated assets (S&P 500, Gold, Bitcoin) include an estimated FX gain of ~251.9%/yr based on the inflation differential between Venezuela (254.9%) and the US (~3%). This uses purchasing power parity as a long-run approximation — actual FX movements can differ significantly in the short term. S&P 500 based on 1957-2024, Gold on 2000-2024, Bitcoin on 2015-2024. Past performance does not guarantee future results. Not financial advice.

Holding other assets too? Calculate your full portfolio risk →
This score is based on our 12-factor risk model. Think inflation or debt should matter more? Build your own model with custom weights and see how VES ranks differently.
Intelligence DashboardCompare currenciesBuild your model