SAP Knowledge Base Article - Public

2647604 - Change currency in Venezuela


This KBA contains information about the Legal change published by the government of Venezuela in the Official Gazette 41.366.

This information is based on legislation and regulations that are subject to change at any time by the respective authorities and is therefore not binding.

The information will be updated as and when required.

As of June the Currency for Venezuela will change from Bolívar Fuerte (VEF) to Bolívar Soberano (VES) with 1000:1, please see below the steps to import and new currency.


This KBA refers ONLY to Employee Central

SAP SuccessFactors Employee Central (EC) - All Versions


  1. Download the zip file “” from the attachments session.
  2. Go to Admin Center -> Import and Export Data -> select “Import Data” -> select “Zip File”.


  1. Choose on your desktop the file you have downloaded  ( and click import.
  2. The new currency will then appear under Manage Data.


  1. After importing the currency you need to update the object country and legal entity (those located in Venezuela).
  2. You also need to update the object Currency Exchange Rate under Manage Data.


Regarding steps 5 and 6, since these are transitional data, SAP will not provide a pattern so you need to configure as per your business need and current conversion rates for currency.


Venezuela; Currency change; Bolivar Soberano; , KBA , LOD-SF-EC-PAY , Payment Information (Bank Information) , How To


SAP SuccessFactors Employee Central all versions