VES to PHP Exchange Rate - Convert Venezuelan bolívar soberano to Philippine Peso

Converting from Venezuelan Bolívar Soberano (VES) to Philippine Peso (PHP)

What is Venezuelan Bolívar Soberano (VES)

The Venezuelan bolívar soberano (VES) is the official currency of Venezuela. Introduced in 2018, it replaced the old bolívar fuerte at a rate of 1 bolívar soberano for every 100,000 bolívar fuertes, in an effort to stabilize the economy amidst hyperinflation. The bolívar soberano is abbreviated as VES and is denoted by the symbol “Bs.S.” The currency is divided into 100 céntimos, similar to how the US dollar is divided into cents.

The Venezuelan economy has faced significant challenges, including hyperinflation and economic recession, leading to fluctuations in currency value. As a result, the bolívar soberano has seen its purchasing power drastically decrease over the last few years. Travelers and businesses dealing with this currency often have to keep up with real-time exchange rates due to these fluctuations.

In terms of banknotes, the VES was issued in several denominations, including 2, 5, 10, 20, 50, 100, and 200 bolívares soberanos. Coins are available in smaller denominations, making it easier for ordinary transactions. Understanding the current value of the VES is crucial for anyone planning to travel to Venezuela or engage in business transactions involving the currency.

What is Philippine Peso (PHP)

The Philippine peso (PHP) is the official currency of the Philippines, represented by the symbol “₱” and typically denoted as PHP or simply "P". The peso is subdivided into 100 centavos and has a rich history that reflects the Philippines' cultural heritage, including the indigenous and colonial influences that shaped the country.

The current version of the peso comes in various denominations, including banknotes of ₱20, ₱50, ₱100, ₱200, ₱500, and ₱1,000, along with coins ranging from ₱1 to ₱5, as well as 25, 50 centavos, and 1 centavo. The Central Bank of the Philippines (Bangko Sentral ng Pilipinas) oversees the issuance and maintenance of the currency.

The Philippine peso is known for being relatively stable compared to many other currencies, but it still experiences fluctuations based on global economic conditions, trade balances, and monetary policies. For those looking to convert from VES to PHP, it’s important to note that the exchange rates can vary significantly due to the political and economic situation in Venezuela.

Concluding Thoughts

Converting from Venezuelan bolívar soberano (VES) to Philippine peso (PHP) requires a good understanding of both currencies and the current exchange rates. Given the volatility associated with the VES, it is advisable for individuals and businesses to stay informed on updates regarding currency exchange and economic developments in both countries. By doing so, they can ensure more accurate conversions and better financial planning.

Venezuelan bolívar soberano to Philippine Peso conversion table

VES to PHP conversion table

Venezuelan bolívar soberano (VES)Philippine Peso (PHP)
1 VES0.65454647849 PHP
2 VES1.30909295697 PHP
3 VES1.96363943546 PHP
4 VES2.61818591395 PHP
5 VES3.27273239243 PHP
6 VES3.92727887092 PHP
7 VES4.5818253494 PHP
8 VES5.23637182789 PHP
9 VES5.89091830638 PHP
10 VES6.54546478486 PHP
100 VES65.45464784863 PHP
200 VES130.90929569726 PHP
300 VES196.36394354588 PHP
400 VES261.81859139451 PHP
500 VES327.27323924314 PHP
600 VES392.72788709177 PHP
700 VES458.18253494039 PHP
800 VES523.63718278902 PHP
900 VES589.09183063765 PHP
1 000 VES654.54647848628 PHP
2 000 VES1 309.09295697256 PHP
5 000 VES3 272.73239243139 PHP
10 000 VES6 545.46478486278 PHP
20 000 VES13 090.92956972555 PHP
50 000 VES32 727.32392431388 PHP
100 000 VES65 454.64784862776 PHP
Last updated April 29, 2025 at 11:55 AM