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.

Australian Dollar

Australian Dollar

The Australian dollar (sign: $; code: AUD) is the currency of the Commonwealth of Australia, including its external territories Christmas Island, Cocos (Keeling) Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru, Tonga, Tuvalu, and Vanuatu. The Australian dollar was legal tender of Papua New Guinea until 1 January 1976, when the Papua New Guinean kina became the sole legal tender. Within Australia, it is almost always abbreviated with the dollar sign ($), with A$ or AU$ sometimes used to distinguish it from other dollar-denominated currencies. It is subdivided into 100 cents. In 2016, the Australian dollar was the fifth most traded currency in the world, accounting for 6.9% of the world's daily share (down from 8.6% in 2013). It trades in the world foreign exchange markets behind the US dollar, the euro, the yen and the pound sterling. The Australian dollar is popular with currency traders, because of the comparatively high interest rates in Australia, the relative freedom of the foreign exchange market from government intervention, the general stability of Australia's economy and political system, and the prevailing view that the Australian dollar offers diversification benefits in a portfolio containing the major world currencies, especially because of its greater exposure to Asian economies and the commodities cycle. The currency is commonly referred to by foreign-exchange traders as the "Aussie dollar".

7 Venezuelan Bolívar to Australian Dollar exchange rates chart

7 VEF to AUD exchange rates graph
7 VEF to AUD 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.

7 VEF to AUD exchange rates table

Exchange VEF to AUD
7 Venezuelan Bolívar = 0.971 Australian Dollar
14 Venezuelan Bolívar = 1.942 Australian Dollar
35 Venezuelan Bolívar = 4.856 Australian Dollar
70 Venezuelan Bolívar = 9.711 Australian Dollar
Exchange Venezuelan Bolívar to Australian Dollar
7 Venezuelan Bolívar to Australian Dollar 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.

7 VEF to AUD exchange rates news

Venezuela Concludes International Book Fair 2018 in Caracas

With more than 500 activities, 160 new books, and 642,822 visitors, this year's festival has been classed a great success.

subjunctive positive
Venezuela's inflation rate just hit 830,000% — and is likely to keep rising

A report published to Venezuela's parliament said the annual rate had almost doubled in the month since the latest report was published in October.

indicative neutral
Money Is Valuable For A Reason | News, Sports, Jobs - Post Journal

Most people don’t understand money, but it is simply something that people generally and widely use as a medium of exchange. The dollar and other national cur

imperative positive
Report: Venezuela Allowing Marxist Terrorists to Operate in Half the Nation
Report: Venezuela Allowing Marxist Terrorists to Operate in Half the Nation

The Venezuelan socialist regime is allowing Colombia's Marxist National Liberation Army (ELN) terrorists to operate in at least 12 states.

indicative negative
Australian dollar slides
Australian dollar slides

Aussie dollar falls against the greenback.

indicative neutral
$A near multi-month highs amid Fed caution - 9Finance

Flaring Sino-US trade tensions have kept the Aussie dollar off its high, but the currency is still at a mul...

conditional neutral
Aussie, kiwi near multi-month highs as Fed caution weighs on dollar

SYDNEY, Nov 19- The Australia and New Zealand dollars held near multi-month peaks on Monday as the greenback stumbled on concerns about slowing.

indicative neutral

7 VEF to AUD currency converter