What is 1 US dollar worth in Venezuela?

What is 1 US dollar worth in Venezuela?

Convert US Dollar to Venezuelan Bolívar

1 USD 407,801,000,000 VEF
5 USD 2,039,010,000,000 VEF
10 USD 4,078,010,000,000 VEF
25 USD 10,195,000,000,000 VEF

What is Venezuela currency worth?

The bolívar is currently the weakest circulating currency, with 1 United States dollar converting to approximately 4.15 million bolívars as of August 30, 2021….Venezuelan bolívar.

Venezuelan bolívar soberano
Value Official rate US$1 = Bs.S 1,889,000 (Mar 7, 2021) Parallel rate US$1 = Bs.S 3,209,044 (July 1, 2021)

How much is 1000000 Venezuelan?

The cost of 1,000,000 Venezuelan Bolivares in United States Dollars today is $4.02 according to the “Open Exchange Rates”, compared to yesterday, the exchange rate remained unchanged….Currency Converter.

990,000 VEF to USD 995,000 VEF to USD 1,000,000 VEF to USD
$3.98 $4.00 $4.02

How much is 35000 Venezuelan dollars?

Dynamics of the cost changes of 35,000 Bolivares (VEF) in Dollars (USD)

Date Day of the week 35,000 VEF to USD
December 5, 2020 Saturday 35,000 VEF = 0.14 USD
January 4, 2021 Monday 35,000 VEF = 0.14 USD
The cost of 35,000 Bolivares (VEF) in United States Dollars for a month (30 days) remained unchanged.

How many bolivares is a dollar?

Convert Venezuelan Bolívar to US Dollar

1 VEF 0.00000000000239926 USD
5 VEF 0.0000000000119963 USD
10 VEF 0.0000000000239926 USD
25 VEF 0.0000000000599815 USD

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.

What happened bolivar currency?

Devaluation of the bolívar. In November 2013, it was almost one-tenth that of the official fixed exchange rate of 6.3 bolívares per U.S. dollar. On 18 February 2016, President Maduro used his newly granted economic powers to devalue the official exchange rate of the bolívar fuerte from 6.3 Bs. F per USD to 10 Bs.

How much is a can of Coke in Venezuela?

Prices in restaurants in Venezuela.

Meal in a cheap restaurant 10.00 USD (5.00-15)
Domestic Beer (0.5 liter draught) 1.50 USD (1.00-2.50)
Imported Beer (0.33 liter bottle) 3.00 USD (2.00-4.00)
Coke/Pepsi (0.33 liter bottle) 1.30 USD (1.00-2.00)
Water (0.33 liter bottle) 0.89 USD (0.63-1.20)

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?

Rent in Venezuela is, on average, 75.88% lower than in United States….Cost of Living in Venezuela.

Restaurants Edit
Coke/Pepsi (12 oz small bottle) 1.28$
Water (12 oz small bottle) 0.87$
Markets Edit
Milk (regular), (1 gallon) 6.18$

How much is 100 bolivares worth?

VEF to USD Exchange Rates

Venezuelan Bolívar US Dollar
10 VEF 4.02885E-5 USD
20 VEF 8.0577E-5 USD
50 VEF 0.0002014425 USD
100 VEF 0.000402885 USD

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 currency to naira?

Convert Venezuelan Bolívar to Nigerian Naira

1 VEF 0.00000000103047 NGN
5 VEF 0.00000000515237 NGN
10 VEF 0.0000000103047 NGN
25 VEF 0.0000000257619 NGN

Why does Venezuela have no money?

You have a certain number of goods in the country, which are generally imported because Venezuela produces very little domestically other than oil. And that creates a situation where your money supply is growing, growing, growing. Anything that’s not money supply is remaining relatively stable.

What is the currency unit in Venezuela?

The currency of Venezuela has been in circulation since the end of the 18th century. The present currency unit in Venezuela is the Venezuelan bolívar.

Does Venezuela have a stock exchange?

The Caracas Stock Exchange or Bolsa de Valores de Caracas (BVC) is a stock exchange located in Caracas, Venezuela.

What is the current inflation rate in Venezuela?

Using black-market exchange rate data that The Johns Hopkins-Cato Institute Troubled Currencies Project has collected over the past year, I estimate Venezuela’s current annual implied inflation rate to be 510%. This is the highest rate in the world.

What is the name of Venezuela’s currency?

Venezuela’s currency in current use is called the Bolívar fuerte which uses the currency code VEF. This currency was introduced in the country on January 1, 2008, because of inflation. It replaced the previous currency of bolívar.