3 ms·
It is sad that some year ago 1 usd would be like 2000 bolivares (I don't know the exact amount, but bolivares were almost the same value as colombian pesos). Th
by boterock 10y ago
It is sad that some year ago 1 usd would be like 2000 bolivares (I don't know the exact amount, but bolivares were almost the same value as colombian pesos). They decided to create the "bolivar fuerte" which was 1000 bolivares, so 1 usd would be 2 bolivar fuerte. With the bolivar fuerte price drop, the usd is now above 2000 bolivar fuerte, so in a matter of years, Venezuelan money is worth less than a thousandth it was worth less than 10 years ago.