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The bolívar fuerte is the new currency of Venezuela since January 1, 2008. The name "bolívar fuerte" is only used temporarily to distinguish it from the older currency that was being used along with the bolívar fuerte (VEB). The new name is literally translated as "strong bolívar",
The Philippine peso derived from the Spanish silver coin Real de a Ocho or Spanish dollar, in wide circulation in the Americas and South-East Asia during the 17th and 18th centuries. The Philippine peso was introduced on May 1, 1852.
1 VEF = 9.8982 PHP
Venezuelan BolivarPhilippine Peso
