Living here in Venezuela right now and seeing the prices go up daily.
The 100,000 bill is new (was released like 6 months ago)and the current highest bank note but it is not enought to buy a pack of crackers (price is 150,000 Bs.)
This bank note works using the government exchange rate, around 1.5 USD. Using street exchange rate it is around 0.12 USD.
Next month, there will be new bank notes with 000 less, all the prices will be divided by 1000 and the new highest bank note will be 500 Bs. (500,000 Bs. today)
Living in the advance volatility...
It would be nice to see more post about a living aspects in Venezuelan
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I am here, what do you want to know?
There is no cash at the street, cash is being sold by some people..!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It's crazy living here.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit