Meanwhile, Euro City Street (converters) traded at 3,542,514.10 bolivars. Caracas.
Similarly, the dollar exchange rate in Sekota, Colombia, near the Venezuelan border, was 87,750.00 bolivars.
For its part, the portal reported a Bolivar to Soul rate of 790,000 Make changes, At the rate of Banco Panesco. At other banks, the ratio is 785,000 bolivars.
The exchange rate price of the dollar monitor in Venezuela
Meanwhile, according to the portal Dollar Monitor, Establishes an average transfer rate of 297,777.00 bolivars.
Central Bank Venezuela (PCV) controls the exchange rate of the Venezuelan currency. “Dolarto” corresponds to the average value of the city’s private operations Caracas, The value of Kokata is determined based on the supply / demand of bolivars in that city.
The devaluation has led to a loss of Bolivar value amid the deepening economic crisis the South American country is experiencing, among other things, a significant drop in international oil prices.
The problem is inflation, which, according to the International Monetary Fund (IMF) estimates, rose to 10,000,000% by the end of 2019. The same central bank Venezuela (PCV) inflation reached 130,060% in 2018 and the economy has halved since 2013.
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