Convert 550000 Venezuelan Bolivar (VEF) to Chilean Peso (CLP)
Exchange rates used for currency conversion updated on December 25th 2024 ( 12/25/2024 )
Below you will find the latest exchange rates for exchanging Venezuelan Bolivar (VEF) to Chilean Peso (CLP) , a table containing most common conversions and a chart with the pair's evolution.
The Venezuelan Bolivar (VEF) to Chilean Peso (CLP) 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 Venezuelan Bolivar and Chilean Peso on 12/25/2024 is 1 VEF = 0.0003 CLP - AVERAGE intraday quotes were used for this currency conversion.
Convert 550000 VEF / 550000 CLP to major currencies
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.
About Chilean Peso (CLP)
The official currency of Chile is the peso which is symbolized with the "$" sign and retains the code "CLP" in international currency markets. The CLP is controlled by the Banco Central de Chile and is commonly valued against the United States dollar (USD). From 1975 through 1994 the CLP was in constant decline against the USD, since that time it has been in a slow appreciation against the USD.
Each CLP peso is divided into 100 subunits known as centavos. Due to inflation there are no current centavo coins in circulation. The coins that are officially recognized are denominated in 1, 5, 10, 50, 100, and 500 pesos and the banknotes in circulation are denominated as 1000, 2000, 5000, 10,000, and 20,000 pesos. The CLP is slowly transitioning to polymer banknotes and while the 1000, 2000, and 5000 pesos paper notes remain legal tender they have been replaced with corresponding value polymer notes. This transition is primarily in place to combat counterfeiting.
