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The bolívar fuerte is the new currency of Venezuela since January 1, 2008. The name "bolívar fuerte" is only used temporarily to distinguish it from the older currency that was being used along with the bolívar fuerte (VEB). The new name is literally translated as "strong bolívar",
The rial Omani replaced the rial Saidi at par in 1973. The currency name was altered due to the regime change in 1970 and the subsequent change of the country's name. It is pegged to the US dollar at 1 Rail = 2.6008 US dollars.
1 VEF = 0.0894 OMR
Venezuelan BolivarOmani Rial
