1 RMB (Chinese Yuan Renminbi - CNY) is approximately equal to 1.5723 VEF (Venezuelan Bolivar). Venezuelan Bolivar is the official currency of Venezuela. The ISO code of the currency is VEF and the symbols are Bs.F or Bs. Venezuela introduced Bolivar to replace venezolano. 5 Bolivares = 1 Venezolano. The country stands 5th in the production of oil and it has the highest inflation rate averaging 29.1% in 2010 among the world countries.
Simple tool that helps you in calculating today's conversion rate for Chinese Yuan Renminbi (RMB) to Venezuelan Bolivar Fuerte (VEF).