Convert 50 Brazilian Real (BRL) to Venezuelan Bolivar (VEF)
Exchange rates used for currency conversion updated on December 03rd 2024 ( 12/03/2024 )
Below you will find the latest exchange rates for exchanging Brazilian Real (BRL) to Venezuelan Bolivar (VEF) , a table containing most common conversions and a chart with the pair's evolution.
The Brazilian Real (BRL) to Venezuelan Bolivar (VEF) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.
The currency exchange rate, calculated between Brazilian Real and Venezuelan Bolivar on 12/03/2024 is 1 BRL = 599221.2061 VEF - AVERAGE intraday quotes were used for this currency conversion.
The Brazilian real is symbolized with the R$ sign. Each real, plural reais, is divided into 100 centavos. The Central Bank of Brazil focuses on price stability with monetary policy and uses the USD as their reserve currency.
The BRL is available in banknotes valued at R$2, R$5, R$10, R$20, R$50, R$100 and coins valued at 5, 10, 25, 50 centavos, R$1. Both the R$1 banknote and 1 centavo coin were discontinued in 2006, though both remain in use as legal tender.
About Venezuelan Bolivar (VEF)
The official currency of Venezuela is the bolivar. The bolivar is issued in denominations of 1000, 2000, 5000, 10000, 20000 and 50000. Exchanges can be made at foreign currency exchange offices but only for converting foreign currency to bolivar. Exchange offices buy foreign currency only. They do not sell it. Airport terminals offer desks where foreign currency can be purchased before leaving the country.