1 ZMK to VES Venezuelan BolÃvar

September 18, 2023 by pkr_to_usd_786

1 ZMK to VES Venezuelan BolÃvar
Zambia Kwacha , The Kwacha (ISO 4217 code: ZMW) is the currency of Zambia. It is subdivided into 100 Ngwee. Etymology The name kwacha derives from the Ny … >>> Find out more from wikipedia. category >>> ZMK

1 ZMK to VES Venezuelan BolÃvar

1 Zambian Kwacha ( ZMK ) = 0.0016329835855126 Venezuelan Bolívar (VES)

1 ZMK = 0.0016329835855126 VES

1 VES = 612.37602684542 ZMK

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1 Zambian Kwacha ( ZMK ) Is equal to 0.0016329835855126 Venezuelan Bolívar (VES)
Zambia Kwacha
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Zambian Kwacha

Zambia Kwacha , The Kwacha (ISO 4217 code: ZMW) is the currency of Zambia. It is subdivided into 100 Ngwee. Etymology The name kwacha derives from the Nyanja, Bemba, and Tonga language word for "dawn", alluding to the Zambian nationalist slogan of a "new dawn of freedom". The name ngwee translates as "bright" in the Nyanja language. History Prior to independence in 1964, the Rhodesia and Nyasaland pound was the legal tender of the short-lived British protectorate of Northern Rhodesia. Banknotes of 10 shillings, 1, 5, and 10 pounds issued by the Central Africa Currency Board were in circulation, together with coins of 1⁄2, 1, 3, 6 pence, and 1, 2, 2+1⁄2, and 5 shillings. After independence, the Bank of Zambia issued the first Zambian currency, the Zambian pound, in 1964. The issued paper bills and coins were of similar denominations as these used before independence, except for the 10 pounds note, which was never issued by the Bank of Zambia. A new design to depict the newly independent country's history and struggle was adopted. The two currencies – the Rhodesia and Nyasaland pound and the Zambian pound, were allowed to circulate in parallel until December 15, 1965, when the South Rhodesian pound bills and coins were withdrawn from circulation, except for the 3 pence coin which was allowed to circulate alongside its Zambian alternative for a brief period. On July 1, 1966, the parliament approved the arrangements of the decimal currency system (Act 40 of 1966), changing the main currency unit to Kwacha, with one kwacha being equal to 100 ngwee. The exchange rate was set to one kwacha equivalent to ten Zambian shillings, or one half of a Zambian pound. Thus, by January 16, 1968, all Zambian pound notes and coins were removed from circulation and replaced by the new kwacha notes, and ngwee coins. The Zambian pound notes of 10 shillings, 1, and 5 pounds were changed into 1, 2 and 10 kwacha respectively, a note of 50 ngwee was issued to replace the old 5 shillings coin, alongside a new note of 20 kwacha. Ngwee coins with the denominations of 1, 2, 5, 10, and 20 ngwee replacing the existing 1, 3, 6 pence, 1, and 2 shillings coins respectively. The Zambian pound notes, and coins ceased to be a legal tender on January 31, 1974. At the very beginning, the kwacha was pegged to the pound sterling at a fixed rate of 1.7094 kwacha per 1 pound. Yet, after the devaluation of the US dollar on August 15, 1971, Zambia broke all its currency's ties to the British monetary unit, and pegged the kwacha to the American monetary unit. These reforms resulted in a reduction of the kwacha's gold standard by 7.8%. A few months later, the British Chancellor of the Exchequer Anthony Barber, announced the demise of the Sterling area, and flotation of the sterling pound, causing Zambia to renounce the monetary privileges once enjoyed as a member state. Throughout the years, the Zambian currency suffered high rates of inflation forcing the Bank of Zambia to introduce high value denominations in 2003, including 20,000 and 50,000 kwacha bills to facilitate transactions. In 2013, a new, redenominated kwacha was introduced. The value of Zambian currency has continued to fall since redenomination; the exchange rate was 22 kwacha to one U.S. dollar in April 2021. After the 2021 Zambian general election saw a defeat for Edgar Lungu, the currency's depreciation was reversed; as of 27 August 2021 one U.S. dollar was exchanged for about 16 kwacha. Find out more from wikipedia

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.
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Convertion Chart ZMK to VES
ZMK		VES


5 ZMK	=	0.0082 VES
10 ZMK	=	0.0163 VES
15 ZMK	=	0.0245 VES
20 ZMK	=	0.0327 VES
25 ZMK	=	0.0408 VES
30 ZMK	=	0.049 VES
35 ZMK	=	0.0572 VES
40 ZMK	=	0.0653 VES
45 ZMK	=	0.0735 VES
50 ZMK	=	0.0816 VES
55 ZMK	=	0.0898 VES
60 ZMK	=	0.098 VES
65 ZMK	=	0.1061 VES
70 ZMK	=	0.1143 VES
75 ZMK	=	0.1225 VES
80 ZMK	=	0.1306 VES
85 ZMK	=	0.1388 VES
90 ZMK	=	0.147 VES
95 ZMK	=	0.1551 VES
100 ZMK	=	0.1633 VES
105 ZMK	=	0.1715 VES
110 ZMK	=	0.1796 VES
115 ZMK	=	0.1878 VES
120 ZMK	=	0.196 VES
125 ZMK	=	0.2041 VES
130 ZMK	=	0.2123 VES
135 ZMK	=	0.2205 VES
140 ZMK	=	0.2286 VES
145 ZMK	=	0.2368 VES
150 ZMK	=	0.2449 VES
155 ZMK	=	0.2531 VES
160 ZMK	=	0.2613 VES
165 ZMK	=	0.2694 VES
170 ZMK	=	0.2776 VES
175 ZMK	=	0.2858 VES
180 ZMK	=	0.2939 VES
185 ZMK	=	0.3021 VES
190 ZMK	=	0.3103 VES
195 ZMK	=	0.3184 VES
200 ZMK	=	0.3266 VES
205 ZMK	=	0.3348 VES
210 ZMK	=	0.3429 VES
215 ZMK	=	0.3511 VES
220 ZMK	=	0.3593 VES
225 ZMK	=	0.3674 VES
230 ZMK	=	0.3756 VES
235 ZMK	=	0.3838 VES
240 ZMK	=	0.3919 VES
245 ZMK	=	0.4001 VES
250 ZMK	=	0.4082 VES
255 ZMK	=	0.4164 VES
260 ZMK	=	0.4246 VES
265 ZMK	=	0.4327 VES
270 ZMK	=	0.4409 VES
275 ZMK	=	0.4491 VES
280 ZMK	=	0.4572 VES
285 ZMK	=	0.4654 VES
290 ZMK	=	0.4736 VES
295 ZMK	=	0.4817 VES
300 ZMK	=	0.4899 VES
305 ZMK	=	0.4981 VES
310 ZMK	=	0.5062 VES
315 ZMK	=	0.5144 VES
320 ZMK	=	0.5226 VES
325 ZMK	=	0.5307 VES
330 ZMK	=	0.5389 VES
335 ZMK	=	0.547 VES
340 ZMK	=	0.5552 VES
345 ZMK	=	0.5634 VES
350 ZMK	=	0.5715 VES
355 ZMK	=	0.5797 VES
360 ZMK	=	0.5879 VES
365 ZMK	=	0.596 VES
370 ZMK	=	0.6042 VES
375 ZMK	=	0.6124 VES
380 ZMK	=	0.6205 VES
385 ZMK	=	0.6287 VES
390 ZMK	=	0.6369 VES
395 ZMK	=	0.645 VES
400 ZMK	=	0.6532 VES
405 ZMK	=	0.6614 VES
410 ZMK	=	0.6695 VES
415 ZMK	=	0.6777 VES
420 ZMK	=	0.6859 VES
425 ZMK	=	0.694 VES
430 ZMK	=	0.7022 VES
435 ZMK	=	0.7103 VES
440 ZMK	=	0.7185 VES
445 ZMK	=	0.7267 VES
450 ZMK	=	0.7348 VES
455 ZMK	=	0.743 VES
460 ZMK	=	0.7512 VES
465 ZMK	=	0.7593 VES
470 ZMK	=	0.7675 VES
475 ZMK	=	0.7757 VES
480 ZMK	=	0.7838 VES
485 ZMK	=	0.792 VES
490 ZMK	=	0.8002 VES
495 ZMK	=	0.8083 VES
500 ZMK	=	0.8165 VES

Convertion Chart VES to ZMK
Venezuelan Bolívar		ZMK


5 VES	=	3061.8801 ZMK
10 VES	=	6123.7603 ZMK
15 VES	=	9185.6404 ZMK
20 VES	=	12247.5205 ZMK
25 VES	=	15309.4007 ZMK
30 VES	=	18371.2808 ZMK
35 VES	=	21433.1609 ZMK
40 VES	=	24495.0411 ZMK
45 VES	=	27556.9212 ZMK
50 VES	=	30618.8013 ZMK
55 VES	=	33680.6815 ZMK
60 VES	=	36742.5616 ZMK
65 VES	=	39804.4417 ZMK
70 VES	=	42866.3219 ZMK
75 VES	=	45928.202 ZMK
80 VES	=	48990.0821 ZMK
85 VES	=	52051.9623 ZMK
90 VES	=	55113.8424 ZMK
95 VES	=	58175.7226 ZMK
100 VES	=	61237.6027 ZMK
105 VES	=	64299.4828 ZMK
110 VES	=	67361.363 ZMK
115 VES	=	70423.2431 ZMK
120 VES	=	73485.1232 ZMK
125 VES	=	76547.0034 ZMK
130 VES	=	79608.8835 ZMK
135 VES	=	82670.7636 ZMK
140 VES	=	85732.6438 ZMK
145 VES	=	88794.5239 ZMK
150 VES	=	91856.404 ZMK
155 VES	=	94918.2842 ZMK
160 VES	=	97980.1643 ZMK
165 VES	=	101042.0444 ZMK
170 VES	=	104103.9246 ZMK
175 VES	=	107165.8047 ZMK
180 VES	=	110227.6848 ZMK
185 VES	=	113289.565 ZMK
190 VES	=	116351.4451 ZMK
195 VES	=	119413.3252 ZMK
200 VES	=	122475.2054 ZMK
205 VES	=	125537.0855 ZMK
210 VES	=	128598.9656 ZMK
215 VES	=	131660.8458 ZMK
220 VES	=	134722.7259 ZMK
225 VES	=	137784.606 ZMK
230 VES	=	140846.4862 ZMK
235 VES	=	143908.3663 ZMK
240 VES	=	146970.2464 ZMK
245 VES	=	150032.1266 ZMK
250 VES	=	153094.0067 ZMK
255 VES	=	156155.8868 ZMK
260 VES	=	159217.767 ZMK
265 VES	=	162279.6471 ZMK
270 VES	=	165341.5272 ZMK
275 VES	=	168403.4074 ZMK
280 VES	=	171465.2875 ZMK
285 VES	=	174527.1677 ZMK
290 VES	=	177589.0478 ZMK
295 VES	=	180650.9279 ZMK
300 VES	=	183712.8081 ZMK
305 VES	=	186774.6882 ZMK
310 VES	=	189836.5683 ZMK
315 VES	=	192898.4485 ZMK
320 VES	=	195960.3286 ZMK
325 VES	=	199022.2087 ZMK
330 VES	=	202084.0889 ZMK
335 VES	=	205145.969 ZMK
340 VES	=	208207.8491 ZMK
345 VES	=	211269.7293 ZMK
350 VES	=	214331.6094 ZMK
355 VES	=	217393.4895 ZMK
360 VES	=	220455.3697 ZMK
365 VES	=	223517.2498 ZMK
370 VES	=	226579.1299 ZMK
375 VES	=	229641.0101 ZMK
380 VES	=	232702.8902 ZMK
385 VES	=	235764.7703 ZMK
390 VES	=	238826.6505 ZMK
395 VES	=	241888.5306 ZMK
400 VES	=	244950.4107 ZMK
405 VES	=	248012.2909 ZMK
410 VES	=	251074.171 ZMK
415 VES	=	254136.0511 ZMK
420 VES	=	257197.9313 ZMK
425 VES	=	260259.8114 ZMK
430 VES	=	263321.6915 ZMK
435 VES	=	266383.5717 ZMK
440 VES	=	269445.4518 ZMK
445 VES	=	272507.3319 ZMK
450 VES	=	275569.2121 ZMK
455 VES	=	278631.0922 ZMK
460 VES	=	281692.9723 ZMK
465 VES	=	284754.8525 ZMK
470 VES	=	287816.7326 ZMK
475 VES	=	290878.6128 ZMK
480 VES	=	293940.4929 ZMK
485 VES	=	297002.373 ZMK
490 VES	=	300064.2532 ZMK
495 VES	=	303126.1333 ZMK
500 VES	=	306188.0134 ZMK