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Venezuela: Dollar rate today, Monday, December 19, 2022 according to DolarToday and Dollar Monitor

Venezuela: Dollar rate today, Monday, December 19, 2022 according to DolarToday and Dollar Monitor

Exchange rate dollar Inside Venezuela The portal reported that it was quoted at 17.30 bolivars per dollar on the parallel market this Monday. Dollar today.

Meanwhile, the euro traded at 16.26 bolivars on the city’s street (converters). Caracas.

Likewise, the exchange rate in CĂșcuta, Colombia, near the border with Venezuela, was 18.15 bolivars to the dollar.

For its part, the portal says the bolivar to sol rate is 4,285 bolivars. If there are changes, at the rate of Banco Banesco. In other banks, the rate is 4,185 bolivars.

Dollar monitor exchange rate price in Venezuela

Meanwhile, according to the portal Dollar MonitorEstablishes an average exchange rate of 17.36 bolivars.

of Central Bank Venezuela (BCV) controls the exchange rate of the Venezuelan currency. “DolarToday” corresponds to the average value of private operations in the city CaracasThe value of a CĂșcuta is determined by the supply/demand of bolivars in that city.

The devaluation has led to a loss in the value of the bolivar amid a deep economic crisis the South American country is facing due to a significant drop in oil prices in the international market.

Compounding the problem is inflation, which has risen to 10,000,000% by the end of 2019, according to estimates by the International Monetary Fund (IMF). The Central Bank of Venezuela (BCV) itself revealed that inflation reached 130,060% in 2018. The economy has halved since 2013.