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1 VEB to BEF Belgian Franc

December 20, 2022 by pkr_to_usd_786

1 VEB to BEF Belgian Franc
Venezuela Bolvar , The bolvar [boli.a] is the official currency of Venezuela. Named after the hero of Latin American independence Simn Bolvar, it was introduce … >>> Find out more from wikipedia. category >>> VEB

1 VEB to BEF Belgian Franc

1 Venezuelan Bolívar ( VEB ) = 1.1153458907108E-8 Belgian Franc (BEF)


1 VEB = 1.1153458907108E-8 BEF


1 BEF = 89658285.230487 VEB


Amount :

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1 Venezuelan Bolívar ( VEB ) Is equal to 1.1153458907108E-8 Belgian Franc (BEF)
Venezuela Bolívar
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Venezuelan Bolívar
Venezuela Bolívar , The bolívar [boˈli.β̞aɾ] is the official currency of Venezuela. Named after the hero of Latin American independence Simón Bolívar, it was introduced following the monetary reform in 1879, before which the venezolano was circulating. Due to its decade-long reliance on silver and gold standards, and then on a peg to the United States dollar, it was considered among the most stable currencies and was internationally accepted until 1964, when the government decided to adopt a floating exchange rate instead. Since 1983, the currency has experienced a prolonged period of high inflation, losing value almost 500-fold against the US dollar in the process. The depreciation became manageable in mid-2000s, but it still stayed in double digits. It was then, on 1 January 2008, that the hard bolívar (bolívar fuerte in Spanish, sign: Bs.F, code: VEF) replaced the original bolívar (sign: Bs; code: VEB) at a rate of Bs.F 1 to Bs. 1,000 (the abbreviation Bs. is due to the first and the final letters of the plural form of the currency's name, bolívares). The value of the hard bolívar, pegged to the US dollar, did not stay stable for long despite attempts to institute capital controls. Venezuela entered another period of abnormally high inflation in 2012, which the country hasn't exited since. The central bank stuck to the pegged subsidised exchange rate until January 2018, which was overpriced so people began using parallel exchange rates despite a ban on publishing them. From 2016 to 2019 and again in 2020, the currency experienced hyperinflation for a total period of 38 months. The rampant inflation prompted two redenominations. The first occurred in August 2018, when Bs.F 100,000 were exchanged for 1 sovereign bolívar (bolívar soberano in Spanish, sign: Bs.S, code: VES), and another one happened on 1 October 2021, but called "Nueva expresión monetaria" or new monetary expression, which removes 6 zeros from the currency without affecting its denomination but did introduce a new ISO code [a] at a rate of Bs.S 1,000,000 = Bs.D 1, thus making Bs.D 1 worth Bs. 100,000,000,000,000 (1014, or Bs. 100 trillion in short scale) Both currencies are in circulation, though the economy has undergone extensive currency substitution, so the majority of transactions happen in US dollars, or, to a lesser extent, the Colombian peso. Find out more from wikipedia
Belgian Franc
The Belgian franc (Dutch: Belgische frank, French: Franc belge, German: Belgischer Franken) was the currency of the Kingdom of Belgium from 1832 until 2002 when the Euro was introduced. It was subdivided into 100 subunits, known as centiem (Dutch), centimes (French) or Centime (German). The conquest of most of western Europe by revolutionary and Napoleonic France led to the French franc's wide circulation. In the Austrian Netherlands (the current Belgium), the franc replaced the kronenthaler. This was in turn replaced by the Dutch guilder when the United Kingdom of the Netherlands was formed. Following independence from the Kingdom of the Netherlands, the new Kingdom of Belgium in 1832 adopted its own franc, equivalent to the French franc, followed by Luxembourg in 1848 and Switzerland in 1850. Belgian mint working during the late 19th century was innovative and Belgium was the first country to introduce coins made of cupronickel, in 1860 . In 1865, Belgium, France, Switzerland and Italy created the Latin Monetary Union (to be joined by Greece in 1868): each would possess a national currency unit (franc, lira, drachma) worth 4.5 g of silver or 290.322 mg of fine gold, all freely exchangeable at a rate of 1:1. In the 1870s the gold value was made the fixed standard, a situation which was to continue until 1914. In 1926, Belgium, as well as France, experienced depreciation and an abrupt collapse of confidence, leading to the introduction of a new gold currency for international transactions, the Belga worth 5 francs, and the country's withdrawal from the monetary union, which ceased to exist at the end of the year. The Belga was tied to the British pound at a rate of 35 belgas (175 francs) = 1 pound and was thus put on a gold standard of 1 Belga = 209.211 mg fine gold. The 1921 monetary union of Belgium and Luxembourg survived, however, forming the basis for full economic union in 1932. In 1935, the Belgian franc was devalued by 28% to 150.632 mg fine gold and the link between the Luxembourg and Belgian francs was revised to 1 Luxembourgish franc = 1+1⁄4 Belgian francs. Following Belgium's occupation by Germany in May 1940, the franc was fixed at a value of 0.1 Reichsmark, reduced to 0.08 Reichsmark in July 1940. Following liberation in 1944, the franc entered into the Bretton Woods system, with an initial exchange rate of 43.77 francs = US dollar set on 5 October. This was changed to 43.8275 in 1946 and then to 50 following the devaluation of the British pound in September 1949. The Belgian franc was devaluated again in 1982. Like 10 other European currencies, the Belgian/Luxembourgish franc ceased to exist on 1 January 1999, when it became fixed at 1 EUR= 40.3399 BEF/LUF, thus a franc was worth €0.024789. Old franc coins and notes lost their legal tender status on 28 February 2002. Between 1832 and 1834, copper 1, 2, 5 and 10 centime, silver 1⁄4, 1⁄2, 1, 2 and 5 franc, and gold 20 and 40 franc coins were introduced. Some of the early 1 and 2 centimes were struck over Dutch 1⁄2 and 1 cent coins. The 40 franc was not issued after 1841, whilst silver 2+1⁄2 francs and gold 10 and 25 francs were issued between 1848 and 1850. Silver 20 centimes replaced the 1⁄4 franc in 1852. In 1860, cupro-nickel 20 centimes were introduced, followed by cupro-nickel 5 and 10 centimes in 1861. The silver 5 franc was discontinued in 1876. Between 1901 and 1908, holed, cupro-nickel 5, 10 and 25 centime coins were introduced.[citation needed] In 1914, production of the 1 centime and all silver and gold coins ceased. Zinc 5, 10 and 25 centimes were introduced in the German occupied zone, followed by holed, zinc 50 centimes in 1918. Production of 2 centimes ended in 1919. In 1922 and 1923, nickel 50 centime and 1 and 2 franc coins were introduced bearing the text "Good For" ("Bon pour" in French, "Goed Voor" in Dutch). These featured the god Mercury. Nickel-brass replaced cupro-nickel in the 5 and 10 centimes in 1930, followed by the 25 centime in 1938. Nickel 5 and 20 francs were introduced in 1930 and 1931, respectively, followed by silver 20 francs in 1933 and 50 francs in 1939. In 1938 the 5 franc was reduced in size and redesigned along with the 1 franc to depict a lion and heraldic arms. As a consequence of the German occupation in 1940, the silver coinage was discontinued. In 1941, zinc replaced all other metals in the 5, 10 and 25 centimes, and 1 and 5 francs. In 1944 the Allies minted 25 million 2 franc coins at the Philadelphia Mint using leftover planchets for the 1943 steel cent. In 1948, cupro-nickel 5 francs and silver 50 and 100 francs were produced, followed by silver 20 francs in 1949 and cupro-nickel 1 franc in 1950. These coins depicted classical allegoric figures. Bronze 20 and 50 centimes featuring a miner and lantern were minted in 1952. Despite the widely varied dates these coins were issued into circulation only a few years apart as part of a broader currency reform. The silver coinage ceased production after 1955. Cupro-nickel 25 centime coins replaced the 20 centime in 1964. The 25 centime coins were later discontinued in 1975. Nickel 10 francs depicting King Baudouin were introduced in 1969 (only struck until 1979), followed by nickel-bronze 20 francs in 1980 and nickel 50 francs in 1987, all of which - bar the 10 Franc coin - replaced the corresponding banknotes. Aluminium-bronze replaced cupro-nickel in the 5 franc in 1986, whilst nickel-plated iron replaced cupro-nickel in the 1 franc in 1988, which was also significantly reduced in size. These changes coincided with a gradual modernization of the general coinage while older issues were gradually pulled from circulation, similar to what took place during the early postwar years. The new designs were also more identifiable to vending machines and the visually impaired. 1994 saw a redesign of all denominations but the 50 centimes, with a uniform design featuring King Albert II replacing the image of Baudouin. This series ceased production after 2000.
Find out more from wikipedia

Convertion Chart VEB to BEF

BEF VEB Belgian Franc BEF
5 VEB = 0 BEF
10 VEB = 0 BEF
15 VEB = 0 BEF
20 VEB = 0 BEF
25 VEB = 0 BEF
30 VEB = 0 BEF
35 VEB = 0 BEF
40 VEB = 0 BEF
45 VEB = 0 BEF
50 VEB = 0 BEF
55 VEB = 0 BEF
60 VEB = 0 BEF
65 VEB = 0 BEF
70 VEB = 0 BEF
75 VEB = 0 BEF
80 VEB = 0 BEF
85 VEB = 0 BEF
90 VEB = 0 BEF
95 VEB = 0 BEF
100 VEB = 0 BEF
105 VEB = 0 BEF
110 VEB = 0 BEF
115 VEB = 0 BEF
120 VEB = 0 BEF
125 VEB = 0 BEF
130 VEB = 0 BEF
135 VEB = 0 BEF
140 VEB = 0 BEF
145 VEB = 0 BEF
150 VEB = 0 BEF
155 VEB = 0 BEF
160 VEB = 0 BEF
165 VEB = 0 BEF
170 VEB = 0 BEF
175 VEB = 0 BEF
180 VEB = 0 BEF
185 VEB = 0 BEF
190 VEB = 0 BEF
195 VEB = 0 BEF
200 VEB = 0 BEF
205 VEB = 0 BEF
210 VEB = 0 BEF
215 VEB = 0 BEF
220 VEB = 0 BEF
225 VEB = 0 BEF
230 VEB = 0 BEF
235 VEB = 0 BEF
240 VEB = 0 BEF
245 VEB = 0 BEF
250 VEB = 0 BEF
255 VEB = 0 BEF
260 VEB = 0 BEF
265 VEB = 0 BEF
270 VEB = 0 BEF
275 VEB = 0 BEF
280 VEB = 0 BEF
285 VEB = 0 BEF
290 VEB = 0 BEF
295 VEB = 0 BEF
300 VEB = 0 BEF
305 VEB = 0 BEF
310 VEB = 0 BEF
315 VEB = 0 BEF
320 VEB = 0 BEF
325 VEB = 0 BEF
330 VEB = 0 BEF
335 VEB = 0 BEF
340 VEB = 0 BEF
345 VEB = 0 BEF
350 VEB = 0 BEF
355 VEB = 0 BEF
360 VEB = 0 BEF
365 VEB = 0 BEF
370 VEB = 0 BEF
375 VEB = 0 BEF
380 VEB = 0 BEF
385 VEB = 0 BEF
390 VEB = 0 BEF
395 VEB = 0 BEF
400 VEB = 0 BEF
405 VEB = 0 BEF
410 VEB = 0 BEF
415 VEB = 0 BEF
420 VEB = 0 BEF
425 VEB = 0 BEF
430 VEB = 0 BEF
435 VEB = 0 BEF
440 VEB = 0 BEF
445 VEB = 0 BEF
450 VEB = 0 BEF
455 VEB = 0 BEF
460 VEB = 0 BEF
465 VEB = 0 BEF
470 VEB = 0 BEF
475 VEB = 0 BEF
480 VEB = 0 BEF
485 VEB = 0 BEF
490 VEB = 0 BEF
495 VEB = 0 BEF
500 VEB = 0 BEF

Convertion Chart BEF to VEB

Belgian Franc Belgian Franc VEB VEB
5 BEF = 448291426.1524 VEB
10 BEF = 896582852.3049 VEB
15 BEF = 1344874278.4573 VEB
20 BEF = 1793165704.6097 VEB
25 BEF = 2241457130.7622 VEB
30 BEF = 2689748556.9146 VEB
35 BEF = 3138039983.067 VEB
40 BEF = 3586331409.2195 VEB
45 BEF = 4034622835.3719 VEB
50 BEF = 4482914261.5243 VEB
55 BEF = 4931205687.6768 VEB
60 BEF = 5379497113.8292 VEB
65 BEF = 5827788539.9816 VEB
70 BEF = 6276079966.1341 VEB
75 BEF = 6724371392.2865 VEB
80 BEF = 7172662818.4389 VEB
85 BEF = 7620954244.5914 VEB
90 BEF = 8069245670.7438 VEB
95 BEF = 8517537096.8962 VEB
100 BEF = 8965828523.0487 VEB
105 BEF = 9414119949.2011 VEB
110 BEF = 9862411375.3535 VEB
115 BEF = 10310702801.506 VEB
120 BEF = 10758994227.658 VEB
125 BEF = 11207285653.811 VEB
130 BEF = 11655577079.963 VEB
135 BEF = 12103868506.116 VEB
140 BEF = 12552159932.268 VEB
145 BEF = 13000451358.421 VEB
150 BEF = 13448742784.573 VEB
155 BEF = 13897034210.725 VEB
160 BEF = 14345325636.878 VEB
165 BEF = 14793617063.03 VEB
170 BEF = 15241908489.183 VEB
175 BEF = 15690199915.335 VEB
180 BEF = 16138491341.488 VEB
185 BEF = 16586782767.64 VEB
190 BEF = 17035074193.792 VEB
195 BEF = 17483365619.945 VEB
200 BEF = 17931657046.097 VEB
205 BEF = 18379948472.25 VEB
210 BEF = 18828239898.402 VEB
215 BEF = 19276531324.555 VEB
220 BEF = 19724822750.707 VEB
225 BEF = 20173114176.86 VEB
230 BEF = 20621405603.012 VEB
235 BEF = 21069697029.164 VEB
240 BEF = 21517988455.317 VEB
245 BEF = 21966279881.469 VEB
250 BEF = 22414571307.622 VEB
255 BEF = 22862862733.774 VEB
260 BEF = 23311154159.926 VEB
265 BEF = 23759445586.079 VEB
270 BEF = 24207737012.231 VEB
275 BEF = 24656028438.384 VEB
280 BEF = 25104319864.536 VEB
285 BEF = 25552611290.689 VEB
290 BEF = 26000902716.841 VEB
295 BEF = 26449194142.993 VEB
300 BEF = 26897485569.146 VEB
305 BEF = 27345776995.298 VEB
310 BEF = 27794068421.451 VEB
315 BEF = 28242359847.603 VEB
320 BEF = 28690651273.756 VEB
325 BEF = 29138942699.908 VEB
330 BEF = 29587234126.061 VEB
335 BEF = 30035525552.213 VEB
340 BEF = 30483816978.365 VEB
345 BEF = 30932108404.518 VEB
350 BEF = 31380399830.67 VEB
355 BEF = 31828691256.823 VEB
360 BEF = 32276982682.975 VEB
365 BEF = 32725274109.128 VEB
370 BEF = 33173565535.28 VEB
375 BEF = 33621856961.432 VEB
380 BEF = 34070148387.585 VEB
385 BEF = 34518439813.737 VEB
390 BEF = 34966731239.89 VEB
395 BEF = 35415022666.042 VEB
400 BEF = 35863314092.195 VEB
405 BEF = 36311605518.347 VEB
410 BEF = 36759896944.499 VEB
415 BEF = 37208188370.652 VEB
420 BEF = 37656479796.804 VEB
425 BEF = 38104771222.957 VEB
430 BEF = 38553062649.109 VEB
435 BEF = 39001354075.262 VEB
440 BEF = 39449645501.414 VEB
445 BEF = 39897936927.566 VEB
450 BEF = 40346228353.719 VEB
455 BEF = 40794519779.871 VEB
460 BEF = 41242811206.024 VEB
465 BEF = 41691102632.176 VEB
470 BEF = 42139394058.329 VEB
475 BEF = 42587685484.481 VEB
480 BEF = 43035976910.633 VEB
485 BEF = 43484268336.786 VEB
490 BEF = 43932559762.938 VEB
495 BEF = 44380851189.091 VEB
500 BEF = 44829142615.243 VEB

Related posts:

  1. 1 VEF to BEF Belgian Franc
  2. 1 VES to BEF Belgian Franc
  3. 1 VEB to ATS Austrian Schilling
  4. 1 VEB to BGN Bulgarian Lev

Filed Under: VEB Tagged With: Belgian Francs, Belgian Francs to Venezuelan Bolívares, How to Convert 1 VEB to BEF Belgian Franc, VEB to BEF calculator, Venezuelan Bolívares

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