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About this currency pair
Venezuelan Bolívar (VES) — the currency of Venezuela
The Venezuelan bolívar soberano followed a 2018 redenomination, so VES values should be read with date context when comparing older records. The Venezuelan Bolívar is used in Venezuela, where it appears in domestic prices, wages, banking, tourism, public fees and local contracts. Conversions are useful for tourism, remittances, import prices, regional trade and comparing local prices with USD or EUR benchmarks. For conversion pages, VES is useful when translating local prices into major reference currencies or comparing historical and current market values.
United Arab Emirates Dirham (AED) — the currency of the United Arab Emirates
The United Arab Emirates dirham is used in the UAE, a major hub for travel, trade, logistics, finance and expatriate employment. AED conversions are common for Dubai and Abu Dhabi tourism, salaries, remittances, property prices, oil-related business and comparisons with USD, EUR and regional Gulf currencies.