Meanwhile, Euro City Street (variables) traded at 4,524,069.97 bolivars. Caracas.
Also, the dollar exchange rate in Seguda, Colombia, near the Venezuelan border, was 87,750.00 bolivars.
For its part, Bolivar’s first sol rate is 960,000, according to the portal Changes are here, At the rate of Banco Panesco. In other banks, the ratio is 955,000.
The exchange rate of the dollar monitor in Venezuela
Meanwhile, according to the portal Dollar Monitor, Establishes an average conversion rate of 297,777.00 in Bolivar.
Central Bank Venezuela (BCV) controls the exchange rate of the Venezuelan currency. “DolarToday” corresponds to the average value of the city’s private operations Caracas, The value of Cúcuta is determined by the supply / demand of Bolívares in that city.
The sharp fall in oil prices in the international US market has led to a devaluation in the value of Bolivar amid the deepening economic crisis the South American country is experiencing.
Added to this problem is further inflation, which, according to International Monetary Fund (IMF) estimates, rose to 10,000,000% by the end of 2019. The same central bank Venezuela (BCV) inflation reached 130,060% in 2018 and the economy has halved since 2013.