Para convertir 315,000.00 Venezuelan Bolivar Fuertes in Argentine Pesos, debe multiplicar 315,000.00 x 1.60, puesto que 1.00 VEF=1.60 ARS
INFORMATION ABOUT VENEZUELAN BOLIVAR FUERTE
We show the updated today’s value/price of Venezuelan Bolivar Fuerte (VEF).You can get the exchange from Venezuela Bolivar Fuerte to another currency by introducing the value or amount of Venezuelan Bolivar Fuerte (VEF) in the box and clicking the convert button. This way you can get the Venezuelan Bolivar Fuerte’s price in relation to other currencies.
INTRODUCTION TO THE VENEZUELAN BOLIVAR FUERTE
The Bolivar Fuerte was introduced in 2008 replacing the Bolivar and since then it is the official currency of Venezuela. It is used by approximately 30 million seven hundred thousand people. You can check the today value of the Venezuelan Bolivar Fuerte and check its price.
Between 2008 and 2011 it circulated simultaneously with the Bolivar (VEB). For this reason it was necessary a reconversion practice in the common mercantile transactions.
The Banco Central de Venezuela is an autonomous organization founded in 1939. Among its functions there are to formulate and execute the monetary policy, to participate in the design and to execute de exchange policy, to regulate the credit and the interest rates of the financial system. It is also responsible for regulate the currency and promote de appropriate liquidity of the financial system, to centralize and manage the international monetary reserves of the country, to participate in the currency market and to monitor and regulate such market. Is also is in charge of safeguard the appropriate functioning of payments of the country.
Countries that use the currency: Venezuela
Name: VENEZUELAN BOLIVAR FUERTE
Bills: Bs.F. 2, 5, 10, 20, 50, 100
Coins: cent = 1/100 of 1 BsF. Cent.01. 0.05, 0.10, 0.12 y 1/2, 0,25, 0,50. BsF 1
Issuing Agent: Banco Central de Venezuela Web: http://www.bcv.org.ve/
INFORMATION ABOUT ARGENTINE PESO
We show the updated today’s value/price of Argentine peso (ARS).You can get the exchange from Argentine peso to another currency by introducing the value or amount of Argentine peso (ARS) in the box and clicking the convert button. This way you can get the Argentine peso’s price in relation to other currencies.
INTRODUCTION TO THE ARGENTINE PESO
The Argentine peso began circulating in Argentina since 1992. It was also known by the name of “convertible peso” due its parity with the U.S. dollar until modification of the Convertibility Act in 2002. It is used by approximately 42 million of people. You can check the today value of Argentine peso and check its price.
The Argentine peso (ARS) replaced the austral (ARA).
The Banco Central de la República Argentina is an organization which aims is to promote monetary and financial stability, the employment and the economic development with social equity. It also creates, throughout the appropriate regulatory framework, the necessary conditions to develop and strengthen financial stability, encourage savings, develop the credit market and lay de foundation for economic development.
Countries that used the currency: Argentina
Name: Argentine Peso
Bills: $ 2, 5, 10, 20, 50, 100
Coins: 1/100 of peso; 5, 10, 25, 50 cents, $1 and $2.
Issuing agent: Banco Central de la República Argentina Web: http://www.bcra.gov.ar/