Convert 550000 Venezuelan Bolivar (VEF) to Euro (EUR)
Exchange rates used for currency conversion updated on November 07th 2024 ( 11/07/2024 )
Below you will find the latest exchange rates for exchanging Venezuelan Bolivar (VEF) to Euro (EUR) , a table containing most common conversions and a chart with the pair's evolution.
The Venezuelan Bolivar (VEF) to Euro (EUR) 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 Euro on 11/07/2024 is 1 VEF = 0 EUR - AVERAGE intraday quotes were used for this currency conversion.
Convert 550000 VEF / 550000 EUR 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 Euro (EUR)
Governed by the Eurosystem, comprised of the European Central Bank and the central banks of each represented member state, the euro is a currency that reflects an aggregate of 17 of the 27 European Union member states. It is the second most used world reserve currency, involved in over 20% of traded currency pairs, used by over 500 million people worldwide, the largest worldwide currency in circulation, and its member states represent 14.6% of world GDP.
