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| *Travel Tips>>>Venezuela Travel Tips |
What is the currency in Caracas, Venezuela? |
Travel Info No Dumb answers such as: Why dont you look 4 it or Check Yahoo Search Travel Tips Venezuelan Bolivar Others venezualean (sp?) bolivars. (VEB is exchange code) The currency is the BOLIVAR, virtually worthless against currencies such the USD (1 USD = 2147.30 Bs), Euro and GBP. Chavez keeps a controlled exchange policy, which means, no citizen can buy foreing currency freely, every citizen has a quota of 4000 USD a year presenting proof of travelling, so basically you cannot expend more than that if you are going out of the country.... not a nice situation. So a parallel market (Ilegal one) runs in venezuela where the USD can be bought freely for a rate of 1 USD = 4000.00 Bs The currency is the Bolivar for 1 US dollar you would get 2.150 bolivares in an official exchange house Now if you exchange your dollars in the black market (what I recommend) When I say black market is when you exchange your dollars to any particular person for example me =) people would give you 1 US $ = 3000 Bolivares So you would have more bolivares to spend. Are you coming to Venezuela? The Bolivar, or USD, if you don't have local cash, most places will take USD Bolivares. 1 dollar = 2150 Bolivares Its the Bolivar and currently you get 3250 Bolivares per dollar.... with 3250 bolivares u can (maybe) buy a coffee and a pastry.... |
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