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Easily convert VES to XOF with ConvertOnline's efficient tool.
The Venezuelan Bolívar (VES) is the official currency of Venezuela, primarily used for all financial transactions within the country. It has undergone several redenominations in response to hyperinflation and economic instability, reflecting the country's ongoing economic challenges.
The CFA Franc BCEAO (XOF) is the currency used by eight West African countries that are part of the West African Economic and Monetary Union (WAEMU). It is issued by the Central Bank of West African States (BCEAO) and is pegged to the Euro, ensuring stability in exchange rates and promoting economic cooperation among member states.