The official exchange rate stood at 248,832 VEF/USD as of August 10, 2018, making it the least-valued circulating currency in the world based on official exchange rates.
How many bolivares is a dollar?
Convert US Dollar to Venezuelan Bolívar
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 a Coke in Venezuela?
Cost of living in Venezuela is, on average, 36.11% lower than in United States.
Cost of Living in Venezuela.
|Coke/Pepsi (12 oz small bottle)||1.27$|
|Water (12 oz small bottle)||0.85$|
|Milk (regular), (1 gallon)||6.14$|
What can 1 oz of silver buy in Venezuela?
And that is that physical gold and silver are both superseding the soaring price inflation tied to paper currencies, and according to a missionary who lives and works in Venezuela, a single ounce of silver can buy enough food for a family to last three months, and an ounce of gold can buy you a house.
When did Venezuela stop making silver coins?
The gold bolívare de oro was also introduced into circulation. The Venezuelan government stopped the production of all gold coins except for the 5 bolívare gold coins in 1912. Venezuela abandoned the gold standard altogether in 1930. In 1936, the composition of silver coins was changed to nickel.
How many dollars is 20000 bolivares?
Dynamics of the cost changes of 20,000 Bolivares (VEF) in Dollars (USD)
|Date||Day of the week||20,000 VEF to USD|
|December 29, 2020||Tuesday||20,000 VEF = 0.08 USD|
|December 30, 2020||Wednesday||20,000 VEF = 0.08 USD|
|December 31, 2020||Thursday||20,000 VEF = 0.08 USD|
|January 1, 2021||Friday||20,000 VEF = 0.08 USD|
Which country has the lowest currency in the world?
The Iranian Rial is the least valued currency in the world. It is the lowest currency to USD. For the simplification of calculations, Iranians regularly use the term ‘Toman’.
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 does milk cost in Venezuela?
Prices in supermarkets in Venezuela.
|Milk (regular), (1 liter)||1.70 USD (1.00-2.50)|
|Local Cheese (1kg)||4.20 USD (2.00-7.00)|
|Water (1.5 liter bottle)||1.30 USD (0.39-2.00)|
|A bottle of wine (Mid-Range)||8.00 USD (5.00-19)|
|Domestic Beer (0.5 liter bottle)||1.20 USD (0.70-1.50)|