Venezuela (VEF, Bolivar Fuerte) Economic & Currency Analysis

Venezuela (VEF, Fuerte) Currency FX Analysis

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Short Term Rating Currency Ratings Help
Long Term Rating Economic Ratings Help


Venezuela SWOT Statistics

Strengths + Opportunities = 11

Threats + Weaknesses = 16

When strengths & opportunities substantially exceed threats & weaknesses an investment in the Fuerte has great long term potential.

Related Investment Vehicles

The production of petroleum products is a major sector in Venezuela's economy and it accounts for roughly a third of GDP and 80% of exports. Venezuela also mines and exports large quantities of gold, diamonds and iron ore. Venezuela contains some of the largest oil and natural gas reserves in the world. Manufacturing is a major industry of Venezuela and it accounts for approximately 17% of GDP. Steel, transport equipment, apparel, aluminum, beverages, textiles, and foodstuffs are some of the products that Venezuela manufactures. It also produces cement, tires, paper, fertilizer, and assembles cars both for domestic and export markets.

Fuerte Currency Analysis Update

Venezuela (VEF) has a mixed economy dominated by the petroleum sector, but with a moderate service and industrial base to slightly diversify economic growth. Venezuela's Fundamental Currency Analysis (short term investment): Venezuela’s currency is overvalued on a global basis. Venezuela's Value Investor Survey (short term investment): the economic environment is very unfavorable for long term economic growth due to low scores on economic freedom, diversity, and the SWOT analysis. SWOT Analysis of Venezuela: The leading strength is Venezuela’s participation in OPEC, the international oil cartel. Government nationalizations, crime and corruption are major SWOT weaknesses. Venezuela's Currency Trading Strategy: A overvalued currency, low investment flow potential and very unfavorable business environment lead to a strongly negative outlook for Venezuela.

Factors That Positively Affect The Fuerte

Factors That Negatively Affect The Fuerte