Moses, 26, who spent the previous three seasons on loan at Liverpool, Stoke and West Ham respectively, has become a regular under manager Antonio Conte.
Nigeria international Moses wrote on the club’s website that “I feel very excited.
“I’m enjoying my football and we have a good manager here that has given every single one of us confidence.”
Technical director, Nigerian Michael Emenalo added: ‘We are extremely pleased Victor has chosen to extend his contract with us. He is enjoying an excellent season and, under Antonio’s leadership, has proved to be an important member of the squad.
‘This new contract is testament to Victor’s hard work and dedication to succeed at Chelsea and we believe he will be a big part of our future success.’
Moses, who signed from Wigan for a reported nine million pounds in August 2012, played 28 times, scoring four goals for the Blues this season.
He started Premier League game since he was deployed as a right wing-back in a 3-4-3 formation in a 2-0 win away to Hull on Oct. 1.
Chelsea won 16 out of 19 league games since that victory and are 10 points clear at the top of the table.
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