MXN to VES

Convert [custom_amount]Mexican Peso to Venezuelan Bolívar Soberano

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1 MXN = 1.8938 VES

Rule of thumb

When you are abroad and you just want to get a quick estimate, use this rule of thumb:

[rule_of_thumb currency1=”MXN” currency2=”VES” currency1_name=”Mexican Peso” currency2_name=”Venezuelan Bolívar Soberano”]

How to convert [custom_amount]Mexican Peso to Venezuelan Bolívar Soberano

Converting currencies can be done through various channels. Currency exchange services at banks or online platforms offer a straightforward solution—simply input the amount and desired currency. Online converters and ATMs also provide convenient options, while credit cards automatically handle conversions during international transactions.

How much does it cost to convert MXN to VES

The cost of converting MXN to VES depends on the method chosen. Exchange services may charge fees or offer slightly different rates. Online platforms and ATMs may have transaction fees, and credit cards might include foreign transaction fees. It’s essential to compare options and consider associated costs before deciding on a conversion method.

Mexican Peso to Venezuelan Bolívar Soberanos conversion rates

1 MXN1.89 VES
5 MXN9.47 VES
10 MXN18.94 VES
20 MXN37.88 VES
50 MXN94.69 VES
100 MXN189.38 VES
250 MXN473.44 VES
500 MXN946.88 VES
1000 MXN1,893.76 VES
2000 MXN3,787.52 VES
5000 MXN9,468.81 VES
10000 MXN18,937.61 VES
1 VES0.53 MXN
5 VES2.64 MXN
10 VES5.28 MXN
20 VES10.56 MXN
50 VES26.40 MXN
100 VES52.80 MXN
250 VES132.01 MXN
500 VES264.02 MXN
1000 VES528.05 MXN
2000 VES1,056.10 MXN
5000 VES2,640.25 MXN
10000 VES5,280.50 MXN

Top Currency Pairings for Mexican Peso

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VES to MXN
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MXN to USD
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MXN to EUR
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MXN to JPY
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MXN to GBP
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MXN to AUD
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MXN to CAD
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MXN to CHF
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MXN to CNY
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MXN to SEK
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MXN to NZD
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MXN to BRL
Looking for another MXN currency pair?

How to transfer money? And how long does it take?

Peer-to-peer payment apps like Venmo or PayPal offer quick transactions. Wire transfers through banks are an option but can take a few days. Cryptocurrencies, such as Bitcoin or Ethereum, provide a decentralized alternative for transferring funds globally, offering speed and some degree of anonymity.

Look out for exchange scams

Look out forDescription
Unofficial Currency ExchangesStreet individuals and kioks may offer attractive rates and/or give counterfeit currency. Use established offices for safety.
Dynamic Currency ConversionSome ATMs offer less favorable exchange rates. Opt for local currency to avoid extra fees during transactions.
Overcharging at Exchange OfficesTourist-heavy areas may charge higher fees. Compare rates and be aware of additional fees before transactions.
Fake Banknote SwitchBe cautious during exchanges to prevent scammers from switching real currency with counterfeits. Count money carefully.
Inflated CommissionsExchange offices may have hidden fees. Inquire about the total cost, including commissions, before exchanging money.
Always know exactly how the coins and notes from the currency look like. Know or ask about exchange rate and fees beforehand and count your money carefully afterwards. Look at the chart, when was the last price update? Use your calculator to verify.

Currency Information

MXN is the currency code for the Mexican Peso. It is the official currency of Mexico and is widely accepted as legal tender within the country.

VES, also known as the Venezuelan bolívar soberano, is the official currency of Venezuela. It was introduced in 2018 as a replacement for the previous Venezuelan bolívar fuerte. The VES is widely accepted and used as legal tender within Venezuela for everyday transactions.

Cost of Living Comparison

When it comes to daily expenses, the cost of groceries and dining out plays a significant role. Here we look at the average weekly cost for basic groceries and dining out at a mid-range restaurant dinner for two people.

LocationWeekly GroceriesDining Out for Two
Mexico€70€40
Venezuela€70€40
All numbers in Euros for easy comparison.

Keep in mind that these figures are approximations, and actual costs can vary based on specific locations and individual choices.