For translation Venezuelan Bolívar in Cuban convertible peso enter the desired amount in the left side converter. Swap currencies for reverse transfer. Venezuelan Bolívar in Cuban convertible peso can transfer using the Gidfinance-us.com currency converter. Data on our website updated every day – current rate Venezuelan Bolívar to Cuban convertible peso downloaded from official sources.
Information updates: 05.18.24 17:00
To calculate the cost of foreign currency conversion, we use market exchange rates 152 currencies of the world.
Country of application:
Venezuela
Currency
VEF
Code
937
Symbol
Bs.S
Coin denominations in circulation:
500, 100, 50, 25, 5, 2 and 1 bolivar, 50, 25, 10, 5 centimos.
Denominations of banknotes in circulation:
50,000, 20,000, 10,000, 5000, 2000, 1000, 500, 100, 50, 20, 10 and 5 bolivars.
History reference:
Bolivar is first a minor (in 1871-1879), and then the main (from 1879 to 2018) monetary unit of Venezuela. Bolívar is named after Latin American independence hero Simón Bolívar. The bolívar was passe...d under the Monetary Law of 1879, replacing the short-lived Venezolano at a rate of five bolívares to one Venezolano. The bolivar was originally defined by a silver standard, equal to 4.5 grams of pure silver, following the principles of the Latin Monetary Union. The monetary law of 1887 made the gold bolivar unrestricted legal tender, and the gold standard came into full force in 1910. Venezuela abandoned gold in 1930, and in 1934 the exchange rate of the bolivar was fixed in US dollars at a rate of 3.914 bolivars = US$1, valued at 3.18 bolivars = US$1 in 1937, a rate that lasted until 1941 Until February 18, 1983 (now called Black Friday (Viernes Negro) by many Venezuelans), the Bolívar was the most stable and internationally recognized currency in the region. It then fell victim to a massive devaluation.
Country of application:
Cuba
Currency
CUC
Code
931
Symbol
CUC$
Coin denominations in circulation:
5, 10, 25, 50 centavos, 1 Cuban Convertible Peso.
Denominations of banknotes in circulation:
1, 3, 5, 10, 20, 50, 100 Cuban Convertible Pesos.
History reference:
On October 23, 2013, a message was published by the Council of Ministers of Cuba on agreeing on a schedule for the implementation of measures to unify the countrys monetary circulation, providing for... a gradual transition from a system of two currencies to a single Cuban currency[1]. On January 1, 2021, a large-scale reform was launched in the republic to abolish the dual monetary system, announced in December 2020 by Cuban President Miguel Mario Diaz-Canel.[2] From the beginning of 2021, Cuba began to withdraw convertible pesos from circulation, giving citizens 180 days to exchange savings in banks for Cuban pesos at a rate of 1:24
0 CUC
0 CUC
0 CUC
0 CUC
0 CUC
0 CUC
0 CUC
0 CUC
0 CUC
0 CUC
0 CUC
0 CUC
0 CUC
0 CUC
0 CUC
248209 VEF
496418 VEF
744627 VEF
992836 VEF
1241045 VEF
2482090 VEF
4964180 VEF
7446270 VEF
9928360 VEF
12410450 VEF
24820900 VEF
49641800 VEF
124104500 VEF
248209000 VEF
2482090000 VEF
The Venezuelan Bolívar to Cuban convertible peso online calculator is easy to use. It is enough to enter the required number of monetary units for the data to be calculated automatically.
Online currency converter is a tool that will allow you to calculate the ratio of Venezuelan Bolívar to Cuban convertible peso for today. The exchange rate of Venezuelan Bolívar to Cuban convertible peso today, 05.18.24, today 4.0288 VEF to CUC.
Over the past 7 days, the rate of Venezuelan Bolívar to Cuban convertible peso has changed by 248209%, from to 248209.0 VEF to CUC.