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.

Saudi Arabian Riyal

Saudi Arabian Riyal

The Saudi riyal (Arabic: ريال‎ riyāl); is the currency of Saudi Arabia. It is abbreviated as ر.س or SR (Saudi riyal). It is subdivided into 100 halalas (Arabic: هللة‎ Halalah).

2 Venezuelan Bolívar to Saudi Arabian Riyal exchange rates chart

2 VEF to SAR exchange rates graph
2 VEF to SAR 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 SAR exchange rates table

Exchange VEF to SAR
2 Venezuelan Bolívar = 0.751 Saudi Arabian Riyal
4 Venezuelan Bolívar = 1.502 Saudi Arabian Riyal
10 Venezuelan Bolívar = 3.755 Saudi Arabian Riyal
20 Venezuelan Bolívar = 7.509 Saudi Arabian Riyal
Exchange Venezuelan Bolívar to Saudi Arabian Riyal
2 Venezuelan Bolívar to Saudi Arabian Riyal 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 SAR 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.

27 days subjunctive negative
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

about 1 month indicative neutral
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News from around the web.

about 2 months conditional positive
Iranian rial hits record low of 170,000 to the dollar

LONDON: The Iranian rial hit a record low against the US dollar on the unofficial market on Wednesday, the local Tasnim news agency reported, amid a deterioration in the economic situation in Iran and the reimposition of sanctions by Washington. The dollar was being offered for as much as 170,000 rials, according to Tasnim. The rial has lost approximately 75 percent of its

6 days conditional neutral
Top bank boosts Egypt, Gulf falls in thin trade

Egypt’s blue-chip stock index rose sharply on Wednesday, boosted by its biggest bank, while all major Gulf markets were weak, with some investors away on year-end holidays.

15 days conditional neutral
Super Eagles forward wins Player of the Week in Saudi Arabia

Ahmed Musa has been rewarded for his outstanding performances for Al Nassr in the month of September.

20 days indicative positive

2 VEF to SAR currency converter