ARS to VEF Exchange Rate - Convert Argentine Peso to Venezuelan Bolivar Fuerte

Converting from Argentine Peso (ARS) to Venezuelan Bolivar Fuerte (VEF)

What is Argentine Peso (ARS)

The Argentine Peso (ARS) is the official currency of Argentina. It has undergone significant changes over the years, particularly due to economic instability and inflation. The currency symbol for the Argentine Peso is $ or ARS, and it is subdivided into 100 centavos.

Introduced in 1992, the Argentine Peso replaced the Austral at a rate of 1 peso for 10,000 australes. Since then, the currency has faced various devaluations, especially during periods of economic crisis. This has led to inflation rates soaring to remarkable levels. Therefore, the value of the peso can fluctuate greatly, making it challenging for both locals and travelers who need to convert their money.

In recent years, the Argentine government has implemented strict foreign exchange controls to stabilize the currency. While this aims to strengthen the peso, it also complicates the process of converting ARS to other currencies, such as the Venezuelan Bolivar Fuerte.

What is Venezuelan Bolivar Fuerte (VEF)

The Venezuelan Bolivar Fuerte (VEF) was introduced in 2008, replacing the older bolivar at a rate of 1 VEF for 1,000 VEB (the original bolivar). The symbol for bolivar fuerte is Bs.F. The introduction of this currency aimed to counteract hyperinflation that had significantly devalued the previous bolivar.

However, despite the reforms, Venezuela has continued to face economic turmoil, resulting in severe inflation rates. The bolivar fuerte has lost a substantial amount of its value against major international currencies. To combat the economic crisis, the government introduced a new currency, the Bolívar Soberano (VES), in 2018, re-denominating the bolivar fuerte and further complicating the currency landscape.

Currently, the bolivar fuerte is suitable for daily transactions, but it does face issues with practical usability due to its low purchasing power. Exchange rates between ARS and VEF can vary widely due to the economic conditions in both countries; thus, it is essential to get real-time data for accurate conversions.

Converting ARS to VEF

When converting from Argentine Pesos (ARS) to Venezuelan Bolivar Fuerte (VEF), one must be aware of the fluctuating exchange rates. It's essential to find a reliable source for the current rate to avoid losses during conversions.

If you are planning to convert your money, consider using online currency converters or local exchange services that can give you a fair rate. As both currencies deal with economic challenges, rates may fluctuate dramatically, impacting the amount you receive.

In conclusion, understanding the dynamics of both currencies, ARS and VEF, is crucial for anyone needing to conduct currency exchanges between Argentina and Venezuela. Always stay updated on the latest inflation data and economic news to make informed decisions regarding currency conversion.

Argentine Peso to Venezuelan Bolivar Fuerte conversion table

ARS to VEF conversion table

Argentine Peso (ARS)Venezuelan Bolivar Fuerte (VEF)
1 ARS7 131.4678375517 VEF
2 ARS14 262.9356751034 VEF
3 ARS21 394.4035126551 VEF
4 ARS28 525.8713502068 VEF
5 ARS35 657.3391877585 VEF
6 ARS42 788.8070253102 VEF
7 ARS49 920.27486286191 VEF
8 ARS57 051.74270041361 VEF
9 ARS64 183.21053796531 VEF
10 ARS71 314.67837551701 VEF
100 ARS713 146.78375517008 VEF
200 ARS1 426 293.56751034015 VEF
300 ARS2 139 440.35126551023 VEF
400 ARS2 852 587.1350206803 VEF
500 ARS3 565 733.91877585038 VEF
600 ARS4 278 880.70253102046 VEF
700 ARS4 992 027.48628619053 VEF
800 ARS5 705 174.27004136061 VEF
900 ARS6 418 321.05379653068 VEF
1 000 ARS7 131 467.83755170076 VEF
2 000 ARS14 262 935.67510340152 VEF
5 000 ARS35 657 339.1877585038 VEF
10 000 ARS71 314 678.3755170076 VEF
20 000 ARS142 629 356.7510340152 VEF
50 000 ARS356 573 391.87758503799 VEF
100 000 ARS713 146 783.75517007598 VEF
Last updated April 25, 2025 at 11:55 PM