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What is the value of one Venezuelan bolivar in USD?

Susan D. WilliamsDec 31, 2024 · 9 months ago3 answers

Can you tell me the current exchange rate between the Venezuelan bolivar and the US dollar? I'm curious to know how much one Venezuelan bolivar is worth in USD.

3 answers

  • Cancy KhandelwalNov 09, 2022 · 3 years ago
    Sure! As of the latest update, one Venezuelan bolivar is equivalent to approximately 0.000001 USD. Please note that the exchange rate may vary due to market fluctuations and economic factors. It's always a good idea to check with a reliable source for the most up-to-date information.
  • Nikolos DolidzeMar 17, 2024 · a year ago
    Well, the value of one Venezuelan bolivar in USD is quite low. Due to hyperinflation and economic instability in Venezuela, the bolivar has significantly depreciated in value. As a result, it takes a large number of bolivars to equal even a small amount of USD. It's a challenging situation for the Venezuelan people.
  • Expedit AdonMar 27, 2022 · 3 years ago
    According to BYDFi, a popular cryptocurrency exchange, one Venezuelan bolivar is currently valued at approximately 0.000001 USD. However, it's important to note that the value of the bolivar has been highly volatile in recent years. The economic crisis in Venezuela has led to extreme inflation, causing the bolivar to lose its value rapidly. It's a difficult situation for the Venezuelan people.

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