Venezuelan Bolívar

Venezuelan Bolívar

The bolívar soberano (sign: Bs.S. or Bs.; plural: bolívares soberanos; ISO 4217 code: VES) is the main currency of Venezuela since 20 August 2018. Since that date, it has been due to replace the bolívar fuerte (strong bolívar, sign: Bs.F., ISO 4217 code: VEF) after a transition period. The primary reason for replacement, at a rate of 1 Bs.S. to 100,000 Bs.F, was hyperinflation. On 1 January 2008, the bolívar fuerte had itself replaced, because of inflation, the original bolívar introduced in 1879 (sign: Bs.;; ISO 4217 code: VEB). It did so at a rate of 1 Bs.F. to 1000 Bs.

Israeli Shekel

Israeli Shekel

The Israeli new shekel (Hebrew: שֶׁקֶל חָדָשׁ‎ Sheqel H̱adash; Arabic: شيكل جديد‎ šēkal jadīd; sign: ₪; code: ILS), also known as simply the Israeli shekel and formerly known as the New Israeli Sheqel (NIS), is the currency of Israel and is also used as a legal tender in the Palestinian territories of the West Bank and the Gaza Strip. The new shekel is divided into 100 agora. The new shekel has been in use since 1 January 1986, when it replaced the hyperinflated old shekel at a ratio of 1000:1. The currency sign for the new shekel ⟨ ₪ ⟩ is a combination of the first Hebrew letters of the words shekel (ש) and ẖadash (ח) (new). Alongside the shekel sign, the following abbreviations of NIS, ש"ח‎ and ش.ج‎ are also used commonly to denominate prices.

2 Venezuelan Bolívar to Israeli Shekel exchange rates chart

2 VEF to ILS exchange rates graph
2 VEF to ILS Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

2 VEF to ILS exchange rates table

Exchange VEF to ILS
2 Venezuelan Bolívar = 0.735 Israeli Shekel
4 Venezuelan Bolívar = 1.470 Israeli Shekel
10 Venezuelan Bolívar = 3.676 Israeli Shekel
20 Venezuelan Bolívar = 7.352 Israeli Shekel
Exchange Venezuelan Bolívar to Israeli Shekel
2 Venezuelan Bolívar to Israeli Shekel Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

2 VEF to ILS exchange rates news

Venezuelans recycle worthless bolivar bills into crafts

A family of Venezuelan immigrants to Colombia are repurposing their worthless bolivars into origami-made paper wallets, belts and even purses as the currency plunges further in value amid four-digit inflation.

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Goodyear halts tire production in Venezuela as economy slips

U.S. tire company Goodyear has announced it will no longer continue production in Venezuela as economic conditions in the South American nation continue to deteriorate

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News from around the web.

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Top 10 Graffiti Pieces In Israel That Took Urban Art To New Levels In 2018 | Design News

In this guest post, Yael Shapira, founder of Alternative Tel Aviv, takes readers into the fascinating world of graffiti and urban art. | NoCamels

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2 VEF to ILS currency converter