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 ARS6 528.09545909292 VEF
2 ARS13 056.19091818583 VEF
3 ARS19 584.28637727875 VEF
4 ARS26 112.38183637166 VEF
5 ARS32 640.47729546458 VEF
6 ARS39 168.57275455749 VEF
7 ARS45 696.66821365041 VEF
8 ARS52 224.76367274332 VEF
9 ARS58 752.85913183624 VEF
10 ARS65 280.95459092915 VEF
100 ARS652 809.54590929154 VEF
200 ARS1 305 619.09181858308 VEF
300 ARS1 958 428.63772787462 VEF
400 ARS2 611 238.18363716616 VEF
500 ARS3 264 047.7295464577 VEF
600 ARS3 916 857.27545574924 VEF
700 ARS4 569 666.82136504078 VEF
800 ARS5 222 476.36727433232 VEF
900 ARS5 875 285.91318362386 VEF
1 000 ARS6 528 095.4590929154 VEF
2 000 ARS13 056 190.91818583079 VEF
5 000 ARS32 640 477.29546457698 VEF
10 000 ARS65 280 954.59092915396 VEF
20 000 ARS130 561 909.18185830793 VEF
50 000 ARS326 404 772.95464576982 VEF
100 000 ARS652 809 545.90929153965 VEF
Last updated April 3, 2025 at 11:55 PM