What is the main currency of Venezuela?

The Bolívar Fuerte has been the official currency of Venezuela since January 1, 2008. It is subdivided into 100 céntimos and replaced the Bolivar at the rate of Bs. F.

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.

Restaurants Edit
Coke/Pepsi (12 oz small bottle) 1.27$
Water (12 oz small bottle) 0.85$
Markets Edit
Milk (regular), (1 gallon) 6.14$

Is it cheap to visit Venezuela?

Venezuela is a cheap destination for foreigners at the moment… as long as they are willing to negotiate in the parallel currency market. … A dollar-holder traveler can benefit from it: with a handful of dollars, you can get many Venezuelan bolivars, making the country particularly cheap.

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.

How many dollars is 5000 bolivares?

Convert Venezuelan Bolívar to US Dollar

VEF USD
1,000 VEF 0.00000000247344 USD
5,000 VEF 0.0000000123672 USD
10,000 VEF 0.0000000247344 USD
50,000 VEF 0.000000123672 USD
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Why is Venezuela so poor?

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- …

What is minimum wage in Venezuela?

Minimum monthly wage in selected Latin American countries in 2021 (in U.S. dollars)

Characteristic Monthly minimum wage in U.S. dollars*
Argentina 243
Mexico 215
Brazil 207
Venezuela 1

What’s the average salary in Venezuela?

According to the OVF (Venezuelan Finance Observatory) in a recent survey of more than three hundred companies, the average salary for workers is $53. Among professionals and technicians, the average is around $100 and that of the management of a company averages $216.

Is Venezuela safe for tourism?

You should know that Venezuela is not safe for tourists. The US State Department has released an issue for all tourists to reconsider travel to Venezuela due to crime, civil unrest, poor health infrastructure, and detention of U.S. citizens. … Avoid traveling to certain neighborhoods of Caracas due to crime.