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 507.51967922869 VEF
2 ARS13 015.03935845739 VEF
3 ARS19 522.55903768608 VEF
4 ARS26 030.07871691478 VEF
5 ARS32 537.59839614347 VEF
6 ARS39 045.11807537217 VEF
7 ARS45 552.63775460086 VEF
8 ARS52 060.15743382956 VEF
9 ARS58 567.67711305825 VEF
10 ARS65 075.19679228695 VEF
100 ARS650 751.96792286949 VEF
200 ARS1 301 503.93584573898 VEF
300 ARS1 952 255.90376860847 VEF
400 ARS2 603 007.87169147796 VEF
500 ARS3 253 759.83961434745 VEF
600 ARS3 904 511.80753721694 VEF
700 ARS4 555 263.77546008643 VEF
800 ARS5 206 015.74338295593 VEF
900 ARS5 856 767.71130582542 VEF
1 000 ARS6 507 519.67922869491 VEF
2 000 ARS13 015 039.35845738981 VEF
5 000 ARS32 537 598.39614347453 VEF
10 000 ARS65 075 196.79228694906 VEF
20 000 ARS130 150 393.58457389813 VEF
50 000 ARS325 375 983.96143474532 VEF
100 000 ARS650 751 967.92286949064 VEF
Last updated April 2, 2025 at 11:59 PM