Paytm Logo
Download AppDownload App
userSign In

1000 VEF to MOP - Venezuelan Bolívar Fuerte to Macanese Pataca Exchange Rate

Bs
VEF - Venezuelan Bolívar FuerteDown Arrow
Switch-currency
MOP - Macanese PatacaDown Arrow
Exchange Rate

VEF 1000 = MOP NaN

Convert

1 VEF = NaN MOP | 1 MOP = NaN VEF

Last Updated Feb 14, 5:30 IST

VEF 1000 =MOP NaN

1 VEF = NaN MOP
1 MOP = NaN VEF
Convert
Last Updated Feb 14, 5:30 IST
i

Our converter applies the mid-market rate. It is solely for informational purposes. The Rate might differ while transferring money.

1 VEF to MOP Exchange Rate Last 5 Days
Date
Macanese Pataca Price
Feb 13, 2025
NaN
Feb 12, 2025
NaN
Feb 11, 2025
NaN
Feb 10, 2025
NaN
Feb 9, 2025
NaN

VEF to MOP Exchange Rate Chart

online1 VEF = NaN MOP

  • 1 Week
  • 1 Month
  • 1 Year
Currency Information
VEF - Venezuelan Bolívar Fuerte
Our currency rankings show that the most popular Venezuelan Bolívar Fuerte exchange rate is the VEF to MOP rate. The currency code for Venezuelan Bolívar Fuerte is VEF. The currency symbol is Bs.
More Venezuelan Bolívar Fuerte inforight-arrow
MOP - Macanese Pataca
Our currency rankings show that the most popular Macanese Pataca exchange rate is the MOP to VEF rate. The currency code for Macanese Pataca is MOP. The currency symbol is MOP$.
More Macanese Pataca inforight-arrow
1 Venezuelan Bolívar Fuerte to Macanese Pataca stats
Last 30 Days
Last 90 Days
High
NaN
NaN
Low
NaN
NaN
Average
NaN
NaN
Volatility
NaN%
NaN%

How much is 1000 VEF in Macanese Pataca

The exchange value of 1000 VEF in Macanese Pataca is NaN MOP as on Feb 14.

How to check the exchange rate of 1000 VEF to MOP with Paytm

You can check the exchange rate of 1000 Venezuelan Bolívar Fuerte to Macanese Pataca by using the Paytm currency exchange rate calculator.

All you need to do to see the exchange 1000 VEF to MOP online is as follows:.

  • Navigate to the Paytm currency calculator page.
  • Enter the amount 1000 in the Amount section and
  • Select the currency VEF - Venezuelan Bolívar Fuerte in the "From" section
  • Select MOP - Macanese Pataca in "To" section
  • Finally, click "Convert" to see the 1000 VEF to MOP conversion amount.

Methods to Convert (VEF) to Macanese Pataca (MOP) Online

There are several online ways to convert VEF to MOP.

1. Online Banks

Most banks in India allow VEF to MOP conversion through their internet banking or mobile apps.

Steps to Convert VEF to MOP via Online Banking:

  1. Log in to your bank account.
  2. Select "Forex Services" or "Currency Exchange."
  3. Enter the VEF amount you want to convert.
  4. Check the exchange rate.
  5. Confirm and complete the transaction.

Pros:

  • Safe and secure.
  • Money gets credited directly to your account.
  • No hidden fees.

Cons:

  • Banks may offer lower exchange rates.
  • The process can take a few hours to a few days.

2. International Money Transfer Apps

Apps like Wise, PayPal, and Western Union allow VEF to MOP conversion quickly.

Steps to Convert VEF to MOP via international money transfer apps:

  1. Create an account in any app and log in.
  2. Enter the VEF amount you want to convert.
  3. Choose MOP as the receiving currency.
  4. Add the recipient‘s Indian bank details.
  5. Check the exchange rate and fees.
  6. Confirm and transfer.

Pros:

  • Better exchange rates than banks.
  • Fast transfers (few minutes to hours).
  • Small and transparent fees.

Cons:

  • Requires verification for large amounts.

3. Forex Cards

A Forex card is a prepaid card that holds multiple currencies, including VEF.

Steps to Convert VEF to MOP via Forex Card:

  1. Get a Forex card from a bank or travel agency.
  2. Load it with VEF before traveling.
  3. Use it at ATMs in India to withdraw MOP.
  4. The card automatically converts VEF to MOP at the time of withdrawal.

Pros:

  • Safer than carrying cash.
  • Good exchange rates.
  • Can be used multiple times.

Cons:

  • Some banks charge ATM withdrawal fees.
  • Limited to international travelers.

4. Cryptocurrency Exchanges

Some people use crypto exchanges to convert USD to INR through Bitcoin, Ethereum etc.

Steps to Convert VEF to MOP via Crypto:

  1. Buy Bitcoin (BTC) with VEF on a crypto exchange.
  2. Transfer the BTC to an Indian exchange.
  3. Sell it for MOP.
  4. Withdraw MOP to your bank account.

Pros:

  • Fast transactions.
  • Good for high amounts.
  • Some platforms offer zero fees.

Cons:

  • Cryptocurrency prices fluctuate.
  • May not be legal in all countries.

Places to Convert VEF to MOP Offline

There are several offline methods to exchange VEF to MOP. Let‘s explore them.

1. Banks

Banks offer currency exchange services at competitive rates. You need to visit a branch with your VEF cash and exchange it for MOP.

Steps to Exchange VEF to MOP at a Bank:

  1. Visit a bank branch that offers forex services.
  2. Carry your passport, visa, and ID proof (for foreigners).
  3. Fill out the currency exchange form.
  4. Hand over the VEF cash.
  5. Receive MOP in cash or your bank account.

Pros:

  • Safe and reliable.
  • Better exchange rates than airports.
  • Direct deposit option available.

Cons:

  • Limited working hours.
  • Requires documents for verification.

2. Currency Exchange Centers

Private money exchange centers, like Thomas Cook, Muthoot Forex, and Western Union, offer offline VEF to MOP conversion.

Steps to Exchange VEF to MOP at an Exchange Center:

  1. Visit a licensed money exchange center.
  2. Show your passport and ID proof.
  3. Provide the VEF cash for exchange.
  4. Receive MOP at the given exchange rate.

Pros:

  • Quick and easy.
  • Available in major cities and tourist areas.
  • Competitive exchange rates.

Cons:

  • Some centers charge extra service fees.
  • Not available in remote areas.

3. Airport Currency Exchange Counters

Airports have forex counters where travelers can exchange VEF to MOP.

Steps to Exchange VEF to MOP at an Airport:

  1. Locate the currency exchange counter at the airport.
  2. Show your passport and travel documents.
  3. Hand over VEF and receive MOP instantly.

Pros:

  • Convenient for travelers.
  • Open 24/7 in major airports.

Cons:

  • Higher exchange rates compared to banks.
  • Extra service fees.

4. Hotels and Travel Agencies

Some hotels and travel agencies offer currency exchange services for guests.

Steps to Exchange VEF to MOP at a Hotel or Travel Agency:

  1. Check if your hotel or travel agency provides forex services.
  2. Provide your passport and VEF cash.
  3. Receive MOP based on their exchange rate.

Pros:

  • Very convenient for travelers.
  • No need to visit a bank or forex center.

Cons:

  • Higher exchange rates.
  • Limited availability.

5. Local Money Changers

In busy markets and tourist spots, you may find local money changers who exchange VEF for MOP

Steps to Exchange VEF to MOP at a Local Money Changer:

  1. Find a trusted local money changer.
  2. Negotiate the exchange rate if possible.
  3. Provide VEF and receive MOP.

Pros:

  • Quick and easy.
  • Sometimes better rates than banks.

Cons:

  • Risk of fraud or counterfeit MOP.
  • No official receipt or record.

Documents Required for VEF to MOP Exchange

Most offline exchanges require identity proof. Here are the common documents needed:

Document TypeRequired For
PassportAll exchanges (mandatory for foreigners)

Always carry a valid ID when exchanging currency.

Tips to Get the Best Exchange Rate for converting VEF to MOP

  1. Compare Rates: Use online comparison tools to check the best VEF to MOP rates before converting.
  2. Avoid Weekends: Exchange rates are higher on weekends due to market closure.
  3. Use Low-Fee Platforms: Choose platforms like Wise or Forex cards to reduce extra charges.
  4. Avoid Airport Exchanges: Airport forex counters have the worst exchange rates.
  5. Convert Larger Amounts: Some platforms offer better rates for higher amounts.
  6. Negotiate: At local money changers, you may get a better rate if you negotiate.
  7. Check for Hidden Fees: Ask about service charges before exchanging.
  8. Verify the Notes: Always count your MOP and check for fake currency.
  9. Use Official Channels: Avoid unlicensed money changers to prevent scams.

Fees and Charges for converting VEF to MOP

MethodExchange RateTransfer FeeAvailabilitySpeed
Bank TransferLowLowLimited hours1-3 days
Any Third Party AppHighLow24/7Instant/Few minutes
Forex CardMediumLow24/7Instant
Crypto ExchangeHighLow24/7Few minutes
Exchange CentersGoodMediumWidely availableFew minutes
Airport CountersHighHigh24/7 at airportsFew minutes
Hotels/AgenciesVery HighMediumOnly for guestsFew minutes
Local Money ChangersVariesLowRisky but quickFew minutes

Benefits of VEF to MOP Conversion

Converting Venezuelan Bolívar Fuerte (VEF) to Macanese Pataca (MOP) offers several advantages, depending on your financial needs and market conditions. Here are some key benefits:

1. Favorable Exchange Rates

VEF is a strong and widely traded currency. If the exchange rate is favorable, converting VEF to MOP can give you more value for your money.

2. Higher Purchasing Power in Macau

Since 1 VEF equals a significantly higher amount in MOP, converting VEF to MOP increases your purchasing power, allowing you to afford more goods and services in Macau.

3. Supports Travel and Expenses in Macau

If you‘re an NRI, tourist, or returning from the Venezuela, converting VEF to MOP ensures you have local currency for daily expenses, shopping, and travel within Macau.

4. Investment Opportunities

Converting VEF to MOP can help you invest in Macau assets, such as real estate, stocks, mutual funds, and fixed deposits, which often offer higher returns compared to Venezuela markets.

5. Savings on Transaction Fees

Using a direct VEF to MOP conversion method (like Forex cards or money changers) helps avoid unnecessary fees and unfavorable exchange rates charged by international payment gateways or credit card companies.

6. Business and Trade Advantages

For businesses involved in international trade, converting VEF to MOP at the right time can help optimize costs, manage foreign exchange risks, and improve profit margins.

By choosing the right conversion method and timing, you can maximize the benefits of VEF to MOP exchange.

Frequently Asked Questions

FAQs

Can I convert VEF to MOP without a bank account?
Yes, you can use forex cards, international wallets, or cash exchanges.
How long does it take to convert VEF to MOP online?
It depends on the method: • Bank Transfers: 1-3 days • Wise & PayPal: A few minutes to hours • Crypto: A few minutes • Forex Cards: Instant at ATMs
Is it safe to convert VEF to MOP online?
Yes, but use trusted platforms like banks, Wise, or PayPal. Avoid unknown websites to prevent fraud.
Are there any hidden charges?
Always check for: • Transfer fees • Conversion charges • GST or other taxes • Bank charges (for wire transfers)
Can I exchange VEF to MOP without a passport?
Most licensed exchanges require a passport, especially for large amounts. Small amounts may be exchanged with an Aadhaar or PAN card.
How much VEF can I exchange at a time?
There is no strict limit, but heavy transactions may require extra documentation and approval from respective authorities.
Is it safe to exchange money at local money changers?
It can be risky. Always choose a trusted and licensed money changer to avoid scams.
Do banks offer the best exchange rates?
Banks usually offer better rates than airports and hotels, but money exchange centers might have even better deals.
What should I do if I receive fake MOP notes?
If you suspect fake notes, inform the exchange center immediately and report it to the local police if necessary.
What is the 1000 Venezuelan Bolívar Fuerte (VEF) worth against the Macanese Pataca?
1000 VEF is worth NaN Macanese Pataca today
What is the 25 Venezuelan Bolívar Fuerte (VEF) worth against the Macanese Pataca?
25 VEF is worth NaN Macanese Pataca today
What is the 1 Venezuelan Bolívar Fuerte (VEF) worth against the CFA Franc BEAC?
1 VEF is worth NaN XAF today
What is the strongest currency in the world right now?
Despite being the most traded and powerful currency in the world, the US dollar may not be the most expensive. On the other hand, Kuwait's strong economy has made the Kuwaiti dinar (KWD) the world's most valuable currency. 1 KWD = $3.26.
What is the top 10 highest currency in the world?
Kuwaiti Dinar, Bahraini Dinar, Omani Rial, Jordanian Dinar, British Pound Sterling, Cayman Islands Dollar, European Euro, Swiss Franc, US Dollar, and Canadian Dollar are the top ten most valuable currencies in the world.
Which is the lowest currency in the world?
The Iranian Rial is the world's most affordable currency.

Source of the rates:apilayer.com

;