What is Venezuela exchange rate?

What is Venezuela exchange rate?

VEF to USD Exchange Rates

US Dollar Venezuelan Bolívar
1 USD 248210 VEF
5 USD 1241050 VEF
10 USD 2482100 VEF
20 USD 4964200 VEF

How much is $200 in Venezuelan money?

Dynamics of the cost changes of 200 Dollars (USD) in Bolivares (VEF)

Date Day of the week 200 USD to VEF
January 5, 2020 Sunday 200 USD = 49,697,528.45 VEF
January 4, 2021 Monday 200 USD = 49,697,528.45 VEF
The cost of 200 Dollars (USD) in Venezuelan Bolivares for a year (365 days) remained unchanged.

How much is a cup of coffee in Venezuela?

A cup of coffee in Venezuela’s capital Caracas now costs one million bolivars, equivalent to almost one-fifth of the monthly minimum wage. Owing to the country’s hyperinflation, one million Venezuelan bolivars, when converted into US dollars, comes to 29 cents (₹20).

How much is a Coke in Venezuela?

Cost of living in Venezuela is, on average, 36.16% lower than in United States….Cost of Living in Venezuela.

Restaurants Edit
Coke/Pepsi (12 oz small bottle) 1.26$
Water (12 oz small bottle) 0.85$
Markets Edit
Milk (regular), (1 gallon) 6.17$

How much is 200 bolivars?

The exchange rate VEF was last updated on 2021-01-04. The cost of 200 Venezuelan Bolivares in United States Dollars today is $0.0008 according to the “Open Exchange Rates”, compared to yesterday, the exchange rate remained unchanged.

What is Venezuela’s currency to US dollar?

Convert Venezuelan Bolívar to US Dollar

1 VEF 0.00000000000247344 USD
5 VEF 0.0000000000123672 USD
10 VEF 0.0000000000247344 USD
25 VEF 0.0000000000618359 USD

Why is Venezuela economy so bad?

Supporters of Chávez and Maduro have said that the problems result from an “economic war” on Venezuela and “falling oil prices, international sanctions, and the country’s business elite”, while critics of the government say the cause is “years of economic mismanagement, and corruption.” Most observes cite anti- …

Is Venezuela still printing money?

In 2016, Venezuela entered hyperinflation. The inflation rate reached 274% in 2016, 863% in 2017, 130,060% in 2018 and 9,586% in 2019. Since 2016, the overall inflation rate has increased to 53,798,500%….BCV estimates.

Year Inflation (%)
2019 9,586
2020 (May) 2,296
2020 (August) 2,358

How much is a Big Mac in Venezuela?

According to this calculation, a Big Mac in Venezuela costs US $ 8.35, while in the United States it costs about US $ 5.65. This McDonald’s hamburger is sold in different parts of the world for prices that range between US $ 1.68 and the US $ 8.35 they charge in Venezuela.

What’s the current exchange rate for the Venezuelan bolivar?

Bolívar soberano. On 22 August, DolarToday estimated the free market exchange rate at 71.2 bolívares soberanos per US dollar. AirTM’s reported exchange rate was 75.6 VES/USD. As of 14 December 2018, the estimated exchange rate is 647.29 VES/USD in Venezuela’s free market according to DolarToday.

What’s the black market value of the Venezuelan bolivar?

In September 2014, the currency black market rate for the bolívar fuerte reached 100 VEF/USD; on 25 February 2015, it went over 200 VEF/USD. on 7 May 2015, it was over 275 VEF/USD and on 22 September 2015, it was over 730 VEF/USD.

What are the denominations of the Venezuelan bolivar?

New coins in denominations of 50 céntimos and 1 bolívar soberano, and new banknotes in denominations of 2, 5, 10, 20, 50, 100, 200 and 500 bolívares soberanos were introduced. Under the country’s official fixed exchange rate to the US dollar the new currency was devalued by roughly 95% compared to the old bolívar fuerte.

When did Venezuela stop using the Venezuelan bolivar?

Venezuelan bolívar. Jump to navigation Jump to search. The bolívar soberano (sign: Bs.S. or Bs.; plural: bolívares soberanos; ISO 4217 code: VES) is the main currency of Venezuela since 20 August 2018.