VES to PHP today: Venezuelan bolívar to Philippine peso
1 Venezuelan bolívar = ₱0.0717, and ₱1,000 buys 13,937.81 VES. Against 14 Oct 2025, when it was ₱0.2958, 1,000 VES brings ₱224.05 less (1,000 × ₱0.2241). Next: ask the sending firm how many pesos will arrive and test it in the quote checker; collect at a BSP-registered office near you (offices by province).
Rate: BSP Reference Exchange Rate Bulletin, 14 Oct 2026. Working: US$0.001142 per VES × ₱62.8260 per US$ = ₱0.0717.
1 VES = ₱0.0717 · ₱1 = 13.9378 VES · official rate (BSP bulletin), 14 Oct 2026
The converter applies the 14 Oct 2026 rate with no fee or spread.
Check a quote against the official rate
Type the VES amount and the pesos your app or counter promises; the checker shows what the rate and fee cost you in pesos. If the gap is wide, try another firm before you send.
- What this transfer costs you against the official rate
- ₱0.53 (1.49%)
- At the official rate
- ₱35.87
- Provider's effective rate
- ₱0.0707
Rate used: 1 VES = ₱0.0717, 14 Oct 2026. Cost = value at that rate minus the pesos that arrive, plus the fee converted at the same rate.
VES to PHP over 30, 90 and 365 days
| Period to 14 Oct 2026 | High | Low | Average | Change |
|---|---|---|---|---|
| 30 days 23 rates | ₱0.074815 Sep 2026 | ₱0.071713 Oct 2026 | ₱0.0731 | -3.89%from ₱0.0746 |
| 90 days 63 rates | ₱0.085016 Jul 2026 | ₱0.071713 Oct 2026 | ₱0.0777 | -15.65%from ₱0.0850 |
| 365 days 245 rates | ₱0.295814 Oct 2025 | ₱0.071713 Oct 2026 | ₱0.1416 | -75.76%from ₱0.2958 |
Pesos per 1 VES. Change = (today − start of period) ÷ start of period. One value per BSP banking day from the BSP daily peso cross-rate series and bulletins.
VES and PHP amounts, both ways
VES to PHP
| 1 VES | ₱0.0717 |
|---|---|
| 5 VES | ₱0.36 |
| 10 VES | ₱0.72 |
| 50 VES | ₱3.59 |
| 100 VES | ₱7.17 |
| 500 VES | ₱35.87 |
| 1,000 VES | ₱71.75 |
| 5,000 VES | ₱358.74 |
Each row: amount × ₱0.0717, the 14 Oct 2026 rate, before fees.
PHP to VES
| ₱100 | 1,393.78 VES |
|---|---|
| ₱500 | 6,968.90 VES |
| ₱1,000 | 13,937.81 VES |
| ₱5,000 | 69,689.04 VES |
| ₱10,000 | 139,378.09 VES |
| ₱50,000 | 696,890.43 VES |
Each row: pesos ÷ ₱0.0717, before fees. Sending one of these amounts? Test the pesos promised in the quote checker.
Receiving VES transfers in the Philippines
Bolívares sent to the Philippines are normally converted by the sending firm and paid out in pesos: into a bank account, an e-wallet such as GCash or Maya, or as cash at a remittance agent. Ask for the peso amount before you send, because that figure already includes the firm's rate.
Neither BPI nor Metrobank posts a board rate for Venezuelan bolívar notes, so ask the sender to have the money paid out in pesos rather than carry the cash home. Find a registered office near you on the remittance centres by province page, compare e-wallet cash-in and cash-out fees, and check the InstaPay and PESONet fee before moving the pesos to your bank.
How Philippine tax treats VES you receive
- Money family abroad sends you is not part of your gross income: gifts are excluded under NIRC Sec. 32(B)(3), and an OFW's pay earned abroad is not taxed here under Sec. 23(C). Money paid to you for work is income in any currency. More: are remittances taxable?
- OFW remittances are exempt from documentary stamp tax when the recipient shows the OFW's OEC or OWWA certificate (RA 8042 Sec. 35 as amended by RA 10022). More: documentary stamp tax.
- Kept in a foreign currency deposit, the interest of a resident is taxed at a 20% final tax since 1 July 2025 (RA 12214, CMEPA). More: final tax.
- A business converts VES amounts at the BSP rate on the transaction day, is taxed on forex gains only when realized, and loses other rates in an audit unless it filed the sworn statement (BIR RMC 12-2024). More: income tax.
VES to PHP questions
How much is 2,000 VES in Philippine pesos?
2,000 × ₱0.0717 = ₱143.49 at the 14 Oct 2026 rate, and 10,000 VES is ₱717.47. What arrives is lower by the provider's fee and rate margin.
What is the highest VES to PHP rate?
In the three years to 14 Oct 2026 the highest daily value was ₱1.6354 on 20 Oct 2023 and the lowest ₱0.0717 on 13 Oct 2026. By monthly average, the highest since December 2022 was ₱3.3121 in December 2022. Source: BSP daily peso cross rates.
Will the Venezuelan bolívar go up against the peso?
Nobody can know that in advance. It moves with interest-rate decisions of the BSP and the central bank of Venezuela, trade and remittance flows, and global risk appetite. Over the last year it ranged from ₱0.0717 (13 Oct 2026) to ₱0.2958 (14 Oct 2025).
Why does my bank or app give less than ₱0.0717?
This is a reference rate with no spread; anyone buying bolívares from you pays less and may add a fee. Neither BPI nor Metrobank posts a board rate for the Venezuelan bolívar (boards as of 14 Oct 2026, 4:18 PM and 14 Oct 2026, 9:23 AM), so ask the sender to have the money paid out in pesos and compare the pesos that arrive.
Which rate applies on a weekend or holiday?
The Wednesday 14 Oct 2026 bulletin, generated by the BSP at 08:35 AM, stays the reference until the next one, Thursday 15 Oct 2026 at the earliest (later if that is a holiday). Banks and apps keep setting their own rates in between. Source: BSP exchange rate page.
Does the sender owe tax on a large gift from Venezuela?
Possibly. Donor's tax is 6% of a donor's total gifts above ₱250,000 in a calendar year (NIRC Sec. 99 as amended by RA 10963), and the sender owes it, not the recipient. At the 14 Oct 2026 rate, ₱250,000 is 3,484,452.17 VES. Source: RA 10963 (TRAIN), Sec. 99.