Bolívares – Summaries of news and views OnVenezuela https://onvenezuela.com Fri, 17 Sep 2021 13:39:32 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://onvenezuela.com/wp-content/uploads/2020/01/cropped-Screen-Shot-2019-12-20-at-12.31.03-PM-1-32x32.png Bolívares – Summaries of news and views OnVenezuela https://onvenezuela.com 32 32 History repeats: Venezuela removes six zeros from its currency https://onvenezuela.com/history-repeats-venezuela-removes-six-zeros-from-its-currency/?utm_source=rss&utm_medium=rss&utm_campaign=history-repeats-venezuela-removes-six-zeros-from-its-currency Fri, 17 Sep 2021 13:39:29 +0000 https://onvenezuela.com/?p=11031

The figures would be even worse without the elimination of zeros in previous years, we are talking about 14 zeros being removed in total over 13 years. Without the reconversions, one dollar would be equivalent to Bs. 400,000,000,000,000,000,000 at the current exchange rate, an obscene figure that reflects the true economic state that hits Venezuelan families every day. By Edgary Rodríguez R. Full Text-> GlobalComment

Traducción de cortesía -> Las cifras serían aún peores sin la eliminación de ceros en años anteriores, estamos hablando de que se eliminen 14 ceros en total a lo largo de 13 años. Sin las reconversiones, un dólar equivaldría a Bs. 400,000,000,000,000,000,000 al tipo de cambio actual, una cifra obscena que refleja el verdadero estado económico que golpea a las familias venezolanas todos los días.

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