Cryptocurrency Q&A What is the currency exchange rate in Venezuela?

What is the currency exchange rate in Venezuela?

SumoPower SumoPower Thu Nov 14 2024 | 6 answers 769
I am planning to travel to Venezuela soon and I need to know the current currency exchange rate there. I want to be able to convert my money to the local currency and understand how much it will be worth in Venezuela. What is the currency exchange rate in Venezuela?

6 answers

CryptoVisionary CryptoVisionary Sat Nov 16 2024
Venezuela faces a significant disparity in its currency exchange rates.

Was this helpful?

253
58
DigitalBaron DigitalBaron Sat Nov 16 2024
The official exchange rate for Bolivares to Dollars stands at 9.95 bolivares per dollar.

Was this helpful?

101
65
Carolina Carolina Sat Nov 16 2024
However, this rate does not reflect the actual market conditions.

Was this helpful?

68
42
CryptoAlchemist CryptoAlchemist Sat Nov 16 2024
Due to exchange control measures and corruption, dollars enter the Venezuelan market at a much higher rate.

Was this helpful?

82
92
EtherWhale EtherWhale Fri Nov 15 2024
Specifically, dollars are traded at 1021.57 bolivares per dollar on the black market.

Was this helpful?

113
93
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts