For translation Venezuelan Bolívar in South African Rand enter the desired amount in the left side converter. Swap currencies for reverse transfer. Venezuelan Bolívar in South African Rand can transfer using the Gidfinance-us.com currency converter. Data on our website updated every day – current rate Venezuelan Bolívar to South African Rand downloaded from official sources.
Information updates: 06.07.24 16:00
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:
Namibia, South Africa
Currency
ZAR
Code
710
Symbol
-
Coin denominations in circulation:
5, 2, 1 rand, 50, 20, 10, 5 cents.
Denominations of banknotes in circulation:
200, 100, 50, 20 and 10 rand.
History reference:
The name rand (rand) comes from the name of the mountain range, the name of which sounds like the Witwatersrand (in one of the official languages of South Africa, Afrikaans Witwatersrand). This mount...ain range is located in the South African province of Gauteng, which is famous for the largest gold deposits in the country. The South African rand was first introduced into circulation in February 1961, shortly before the founding of the Republic of South Africa. The rand replaced the South African pound at a rate of 2 rand to 1 pound. Up until the early 1970s, the rand was worth about 1.5 rand to the US dollar. However, in the following decades, the rand quickly depreciated, and at the turn of the 21st century and during the Great Recession, it changed significantly. As the political landscape changed in the early 1990s, the rand slowly depreciated to record lows due to uncertainty. The fall was exacerbated when land reform began in 2001. Shortly after the 9/11 attacks, global uncertainty took its toll and the rand plummeted again to 13 rand per US dollar.
0.0001 ZAR
0.0002 ZAR
0.0003 ZAR
0.0004 ZAR
0.0005 ZAR
0.001 ZAR
0.002 ZAR
0.003 ZAR
0.004 ZAR
0.005 ZAR
0.01 ZAR
0.02 ZAR
0.05 ZAR
0.1 ZAR
1 ZAR
13070.9238 VEF
26141.8476 VEF
39212.7714 VEF
52283.6952 VEF
65354.619 VEF
130709.238 VEF
261418.476 VEF
392127.714 VEF
522836.952 VEF
653546.19 VEF
1307092.38 VEF
2614184.76 VEF
6535461.9 VEF
13070923.8 VEF
130709238 VEF
The Venezuelan Bolívar to South African Rand 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 South African Rand for today. The exchange rate of Venezuelan Bolívar to South African Rand today, 06.07.24, today 7.6505 VEF to ZAR.
Over the past 7 days, the rate of Venezuelan Bolívar to South African Rand has changed by 248209%, from to 248209.0 VEF to ZAR.