Convert 120000 Argentine Peso (ARS) to Venezuelan Bolivar (VEF)
Exchange rates used for currency conversion updated on April 18th 2024 ( 04/18/2024 )
Below you will find the latest exchange rates for exchanging Argentine Peso (ARS) to Venezuelan Bolivar (VEF) , a table containing most common conversions and a chart with the pair's evolution.
The Argentine Peso (ARS) to Venezuelan Bolivar (VEF) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.
The currency exchange rate, calculated between Argentine Peso and Venezuelan Bolivar on 04/18/2024 is 1 ARS = 4167.4319 VEF - AVERAGE intraday quotes were used for this currency conversion.
Convert 120000 ARS / 120000 VEF to major currencies
The ARS is the currency code for the Argentine Peso. The current ARS has been somewhat stable since 1992 when the Central Bank of Argentina began effective management of the currency by focusing on a stable ARS to USD exchange rate. This, after 23 years of inflation that devalued the currency by a staggering ten trillion times. The current inflation rate in Argentina hovers around 22%.
ARS pesos are split into 100 units each of which is known as a centavo. The currency is currently minted and issued as coins in the following denominations: 5, 10, 25, and 50 centavos, 1 and 2 pesos; and as banknotes in 2, 5, 10, 20, 50, and 100 pesos denominations.
About Venezuelan Bolivar (VEF)
The official currency of Venezuela is the bolivar. The bolivar is issued in denominations of 1000, 2000, 5000, 10000, 20000 and 50000. Exchanges can be made at foreign currency exchange offices but only for converting foreign currency to bolivar. Exchange offices buy foreign currency only. They do not sell it. Airport terminals offer desks where foreign currency can be purchased before leaving the country.
