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This GBP to VEF converter is up to date with rates from 04/24/2018 13:33:03 i These conversions are made using the Interbank rate. It should be used as a reference only.
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Today 1 United Kingdom Pound is worth 93,243.77193 VEF while 1 Venezuelan Bolivar Fuerte is worth 0.00001 GBP.
United Kingdom Pound / Venezuelan Bolivar Fuerte ratio is the value of the United Kingdom Pound in Venezuelan Bolivar Fuerte. GBP/VEF thus refers to the exchange rate of the United Kingdom Pound in Venezuelan Bolivar Fuerte, ie the value of the English currency expressed in Venezuelan currency. The notation used is GBP / VEF, but there are others, such as GBPVEF or GBP-VEF. The symbol for GBP can be written £.The symbol for VEF can be written Bs. Note also that the UK country code is GBR or GB. The Venezuela country code is VEN or VE Instructions: Enter the amount of United Kingdom Pound to be converted in the box to the left. Choose the home currency by clicking on the currency name in the box to the right. To change from United Kingdom Pound (foreign) to another currency, just click on the currency name in the box to the left.
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If you are interested in making a pocket-size exchange rate table that can fit in your wallet, choose the printable version of your cheat sheet or Traveller's Pocket Guide by clicking the printer image bellow.
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Print This United Kingdom Pound (GBP) to Venezuelan Bolivar Fuerte (VEF) Cheat Sheet Table
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GBP (£) | VEF (Bs) | 0.10 | 9324.38 | 0.20 | 18648.75 | 0.50 | 46621.89 | 1.00 | 93243.77 | 2.00 | 186487.54 | 5.00 | 466218.86 | 10.00 | 932437.72 |
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GBP (£) | VEF (Bs) | 20.00 | 1864875.44 | 50.00 | 4662188.60 | 100.00 | 9324377.19 | 200.00 | 18648754.39 | 500.00 | 46621885.97 | 1000.00 | 93243771.93 | 10000.00 | 932437719.33 |
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VEF (Bs) | GBP (£) | 10000.00 | 0.11 | 20000.00 | 0.21 | 50000.00 | 0.54 | 100000.00 | 1.07 | 200000.00 | 2.14 | 500000.00 | 5.36 | 1000000.00 | 10.72 | |
VEF (Bs) | GBP (£) | 2000000.00 | 21.45 | 5000000.00 | 53.62 | 10000000.00 | 107.25 | 20000000.00 | 214.49 | 50000000.00 | 536.23 | 100000000.00 | 1072.46 | 1000000000.00 | 10724.58 | |
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How Do I Choose the Rate That Applies to Me?
The currency exchange rates here and in other sites is based on "interbank exchange rates". These rates are based on trading in a global network of more than 1,000 banks, and are not available through consumer or retail channels.
Consumers may use these rates as a reference only. To obtain actual retail rates, contact your local financial institution or currency exchange.
Retail spreads (the difference between the bid and ask prices) for smaller amounts are not reflected in these interbank prices since they vary among payment systems, countries and banks.
For these retail rates use this formula:
Value you will pay = value you get in this converter + X% (due to the margin for the cost of the exchange services).
The value X% varies from 1 to 10% or even more and depends on many factors. Examples:
1 - ATMs typically add 2 percent;
2 - Credit cards typically add 2 to 3 percent;
3 - Banks and foreign exchange kiosks add around 5%;
4 - Some Internet based foreign currency exchange agencies add 11 percent or even more.
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How and where to exchange currency?
When it comes to exchange rates, you should know all your options. The practice can vary from country to country. In one country, you may have to change your money at the airport, and in other countries you may need to buy your foreign currency in advance. All options have its pros and cons. Perhaps the easiest way is to visit your bank – almost all banks can convert your home currency to dollars, Euros, Pounds and other major currencies. Anything outside these most popular currencies, you should visit a larger CBD branch for this. You could also use services like American Express or Travelex.
Some Useful Links on how to exchange money:
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About Venezuelan Bolivar Fuerte (VEF)
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About United Kingdom Pound (GBP)
The GBP - British Pound Sterling - is the official currency of the United Kingdom in Europe. There are 100 pence in each 1 Pound ( its sub-unit ). The symbol for GBP is £. The pound is the official currency of the United Kingdom of Great Britain and Northern Ireland. The pound sterling is the fourth most-traded currency in the foreign exchange market. It's known locally as a quid.
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Countries that use the United Kingdom Pound (GBP) as their official currency
The United Kingdom Pound (GBP) is used as the main currency in the following countries: South Georgia and the South Sandwich Islands, Guernsey, Isle of Man, Jersey, United Kingdom
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Countries that use the Venezuelan Bolivar Fuerte (VEF) as their official currency
The Venezuelan Bolivar Fuerte (VEF) is used as the main currency in the following countries: Venezuela
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United Kingdom Pound (GBP) frequently used conversions
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