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Home » Central and South America » How much is a pound worth in Venezuela?

How much is a pound worth in Venezuela?

December 14, 2021 by Shelia Campbell

Convert British Pound to Venezuelan Bolívar

GBP VEF
1 GBP 616,040 VEF
5 GBP 3,080,200 VEF
10 GBP 6,160,400 VEF
25 GBP 15,401,000 VEF

Contents

What is the value of $1 in Venezuela?

The Venezuelan bolívar is the official currency of Venezuela.
Venezuelan bolívar.

Venezuelan digital Bolívar
Valuation
Inflation 4,355-5,713% (2020)
Value Official rate US$1 = Bs. 4.16 (Oct 8, 2021) Parallel rate US$1 = Bs. 4.14 (Oct 8, 2021)

How much is 50 Venezuelan dollars worth?

Convert Venezuelan Bolívar to US Dollar

VEF USD
25 0.0000541897 USD
50 0.000108379 USD
100 0.000216759 USD
500 0.00108379 USD

How much is $10 US in Venezuela?

Quick Conversions from United States Dollar to Venezuelan Bolívar : 1 USD = 4.61058 VES

USD VES
$, US$ 10 Bs.S 46.11
$, US$ 50 Bs.S 230.53
$, US$ 100 Bs.S 461.06
$, US$ 250 Bs.S 1,152.65

How much is 1000 Venezuelan?

Convert Venezuelan Bolívar to US Dollar

VEF USD
1,000 VEF 0.00216429 USD
5,000 VEF 0.0108215 USD
10,000 VEF 0.0216429 USD
50,000 VEF 0.108215 USD

How much is a slice of bread in Venezuela?

Cost of living in Venezuela is, on average, 38.39% lower than in United States. Rent in Venezuela is, on average, 77.44% lower than in United States.
Cost of Living in Venezuela.

Restaurants Edit
Water (12 oz small bottle) 0.88$
Markets Edit
Milk (regular), (1 gallon) 6.17$
Loaf of Fresh White Bread (1 lb) 1.79$

How much is average rent in Venezuela?

Summary of cost of living in Venezuela

Food
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area $348
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area $312
Utilities 1 month (heating, electricity, gas) for 1 person in 45 m2 (480 sqft) studio $43
Internet 8 mbps (1 month) $29
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How much is a cheeseburger in Venezuela?

Prices in supermarkets in Venezuela.

Milk (regular), (1 liter) 1.70 USD (1.00-2.50)
Water (1.5 liter bottle) 1.30 USD (0.39-2.00)
A bottle of wine (Mid-Range) 8.00 USD (5.00-19)
Domestic Beer (0.5 liter bottle) 1.20 USD (0.70-1.50)
Imported Beer (0.33 liter bottle) 2.50 USD (1.50-3.00)

How much does toilet paper cost in Venezuela?

A roll of toilet paper goes for 2,600,000 bolivars ($0.40 US). 1.1 pounds of margarine takes 3,000,000 bolivars ($0.46 US). A package of pads costs 3,500,000 bolivars ($0.53 US). 2.2 pounds of meat commands 9,500,000 bolivars ($1.45 US).

How many bolivars are in a pound?

Convert British Pound to Venezuelan Bolívar

GBP VEF
1 GBP 613,104 VEF
5 GBP 3,065,520 VEF
10 GBP 6,131,040 VEF
25 GBP 15,327,600 VEF

What can you buy with $10 in Venezuela?

a fresh poca roadside bananas, mas, a cup of coffee, fresh empanadas and fixed sunglasses for $9.84 or 14.7000000 Bolivares, and that is what $10 can get you in Venezuela guys.

How far does a dollar go in Venezuela?

One dollar will fetch around 4.2 bolivars instead of 4.2 million bolivars at the official exchange rate. “This is useless.

What currency is worth the least?

Iranian Rial
Iranian Rial
The Iranian Rial is the least valued currency in the world. It is the lowest currency to USD. For the simplification of calculations, Iranians regularly use the term ‘Toman’.

How much is Venezuela in Nigeria?

Quick Conversions from Venezuelan Bolívar to Nigerian Naira : 1 VES = 89.09783 NGN

VES NGN
Bs.S 1 ₦ 89.10
Bs.S 5 ₦ 445.49
Bs.S 10 ₦ 890.98
Bs.S 50 ₦ 4,454.89
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Which country has the highest currency?

Kuwaiti dinar
1. Kuwaiti dinar. Known as the strongest currency in the world, the Kuwaiti dinar or KWD was introduced in 1960 and was initially equivalent to one pound sterling. Kuwait is a small country that is nestled between Iraq and Saudi Arabia whose wealth has been driven largely by its large global exports of oil.

What does VEF stand for in Venezuela?

The currency in use from 2008-2018 was the bolivar fuerte (VEF), which translates “strong bolivar” in English. In 2018, the bolivar soberano replaced the VEF. Some of the nicknames for Venezuelan bolivar currency are the bolo or the luca.

How much is a Big Mac in Venezuela?

On the opposite end of the spectrum, the price of a Big Mac in Venezuela is $8.35, according to the index.

Is Venezuela cheap to visit?

Venezuela is a cheap destination for foreigners at the moment… as long as they are willing to negotiate in the parallel currency market.A dollar-holder traveler can benefit from it: with a handful of dollars, you can get many Venezuelan bolivars, making the country particularly cheap.

Is Venezuelan money worth anything?

The bolivar “will not be worth more or less; it is only to facilitate its use on a simpler monetary scale,” according to a Central Bank statement. But currency exchange differences confirmed people’s fears that prices would go up when the currency change occured.

How much does a banana cost in Venezuela?

Food prices from our Cost of Living Section

Markets Edit
Chicken Fillets (1 lb) 1.98$
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 2.01$
Apples (1 lb) 2.24$
Banana (1 lb) 0.42$
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Is Venezuela safe to live?

Crime. There is a high threat from violent crime and kidnapping throughout Venezuela, which has one of the highest murder rates in the world. Armed robbery, mugging, carjacking, and burglary are all common and are often accompanied by extreme levels of violence – do not resist an attacker.

Filed Under: Central and South America

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About Shelia Campbell

Sheila Campbell has been traveling the world for as long as she can remember. Her parents were avid travelers, and they passed their love of exploration onto their daughter. Sheila has visited every continent on Earth, and she's always looking for new and interesting places to explore.

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