Isla Margarita, or Margarita Island, is a tropical Caribbean paradise located just off the coast of Venezuela. It is best known for its beaches and water activities and has 320 days of sunshine each year.
Isla Margarita, while not as well-known, offers pretty much the same holiday amenities as most other Caribbean island retreats, including beautiful white sand beaches, all-inclusive resorts, upscale hotel properties, superb golfing, loads of water-sports opportunities and a varied nightlife, but all at a fraction of what you would pay on other Caribbean islands.
The official currency is the Venezuelan Bolivar Fuerte. Be aware that due to prevailing government regulations, you cannot change the Venezuelan currency back into dollars, so only exchange your money a little at a time, as you need it.