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Definition
See
Currencies.
Use
When you create a company code using the template for Venezuela, the system sets the bolivar as the local currency. The currency’s ISO code is VEB.

We recommend that you do not use any decimal places with this currency. Although it officially has two decimal places, they are not used in practice due to the low value of the currency. Leaving them out allows you to work with larger amounts in the system.
The system also activates a hard currency (US dollars) and a group currency (euros) (see
Parallel Currencies). 