Venezuelan Bolivar (VEF) Exchange Rates on 24th January 2020 (24/01/2020)
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Exchange rates for Venezuelan Bolivar (VEF)
| Updated: 2020-01-24 | |||||||||
| Convert from | Convert to | 1 VEF | Conversion | in currency | Conversion | ||||
 VEF |
 GBP |
0.0762 | VEF to GBP | 13.1169 | GBP to VEF | ||||
| VEF |
 BGN |
0.1772 | VEF to BGN | 5.643 | BGN to VEF | ||||
| VEF |
 HRK |
0.6745 | VEF to HRK | 1.4825 | HRK to VEF | ||||
| VEF |
 CZK |
2.2801 | VEF to CZK | 0.4386 | CZK to VEF | ||||
| VEF |
 DKK |
0.6771 | VEF to DKK | 1.4769 | DKK to VEF | ||||
| VEF |
 EEK |
0 | VEF to EEK | 0 | EEK to VEF | ||||
| VEF |
 HUF |
30.5241 | VEF to HUF | 0.0328 | HUF to VEF | ||||
| VEF |
 KZT |
37.9742 | VEF to KZT | 0.0263 | KZT to VEF | ||||
| VEF |
 LVL |
0.0606 | VEF to LVL | 16.5113 | LVL to VEF | ||||
| VEF |
 LTL |
0.2956 | VEF to LTL | 3.3825 | LTL to VEF | ||||
| VEF |
 MKD |
5.5802 | VEF to MKD | 0.1792 | MKD to VEF | ||||
| VEF |
 MDL |
1.7821 | VEF to MDL | 0.5611 | MDL to VEF | ||||
| VEF |
 NOK |
0.9007 | VEF to NOK | 1.1103 | NOK to VEF | ||||
| VEF |
 PLN |
0.3847 | VEF to PLN | 2.5995 | PLN to VEF | ||||
| VEF |
 RON |
0.4332 | VEF to RON | 2.3086 | RON to VEF | ||||
| VEF |
 RUB |
6.196 | VEF to RUB | 0.1614 | RUB to VEF | ||||
| VEF |
 SKK |
0 | VEF to SKK | 0 | SKK to VEF | ||||
| VEF |
 SEK |
0.9545 | VEF to SEK | 1.0477 | SEK to VEF | ||||
| VEF |
 CHF |
0.0972 | VEF to CHF | 10.2922 | CHF to VEF | ||||
| VEF |
 TRY |
0.5938 | VEF to TRY | 1.6839 | TRY to VEF | ||||
| VEF |
 UAH |
2.4596 | VEF to UAH | 0.4066 | UAH to VEF | ||||
Venezuelan Bolivar (VEF)
Sign Bs.F
1 Venezuelan Bolivar is subdivided into 100 centimos.
The Venezuelan bolivar is the official currency of Venezuela. The bolivar is denoted by the symbol VEF and is often abbreviated to B. Banknotes for the bolivar are issued in denominations of 1000, 2000, 5000, 10000, 20000 and 50000. Coins are issued in denominations of 50, 100 and 500 bolivar coins. The notes are not issued in different colors for different denominations like other countries so visitors should be very careful to not get banknotes confused when paying for goods and services.
Coins used:
-frequently 10c, 20c, 50c, Bs.F. 1
-rarely 1c, 5c, 12½c
Banknotes used:
Bs.F. 2; 5; 10; 20; 50; 100
Central Bank
Banco Central de Venezuela
http://www.bcv.org.ve
The US Dollar is the most preferred form of foreign currency and typically offers lower exchange rates and easier transactions. The official place for foreign currency exchange is an authorized currency exchange office called a casa de cambio. These offices are available in all major cities and purchase foreign currency at the current rates of exchange. They do not however sell foreign currency so those looking to re-exchange currency upon leaving will not be able to do so at a money exchange office. The euro and British sterling can be exchanged at most exchange offices, although those in smaller areas only accept the US Dollar. Those who do exchange other currencies may offer higher rates for these transactions.
Credit cards are accepted in Venezuela with MasterCard and Visa being the most widely used. Both can be used to pay for accommodations, restaurants and many shopping centers and for cash withdrawals at various ATMs. ATMs will offer cash withdrawals and disperse funds in bolivar. ATMs are also located at many airport terminals and hotel lobbies. Tour operators typically accept credit cards but may charge a commission of 10 percent or more for the transaction. Cash is typically better for these services.
Traveler’s checks are accepted in some places and American Express is the preferred brand. Some banks and exchange offices will cash and exchange traveler’s checks into bolivar but it may be hard to find a location that offers this service. Most will charge the current exchange rate plus an additional fee for cashing a traveler’s check. This fee can be up to 3 percent or more for each transaction.
There are no notable restrictions for importing or exporting local or foreign currencies, although any currency brought in to the country should be declared upon entering and currencies being taken out of the country should be declared at customs prior to leaving. Airports offer exchange desks where bolivar can be exchanged for foreign currency prior to leaving the country.
Other References
Wikipedia article on Venezuelan Bolivar
XE.com Live Currency Converter for VEF
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