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Places with restricted conversion for regular citizens will also have a discrepancy between the official exchange rate and what people pay on the street. In rec
by jzwinck 13y ago
Places with restricted conversion for regular citizens will also have a discrepancy between the official exchange rate and what people pay on the street. In recent history the difference has been roughly 30% in Venezeula, and 100000% in Zimbabwe. Caveat emptor.
- rafaelm 13y agoActually the black market rate right now in Venezuela is even bigger. Around 650% The official rate is 11.3 Bs/$ (or 6.3 depending on what exchange the govt decides you fall under.) The black market rate today closed at around Bs.85/$ I'm guessing the only way to pay through Stripe with a venezuelan card is one which is approved by the govt to spend their alloted yearly $300.