2015-07-17

Buzz Lightyear USD-Bolivar Target: To Infinity and Beyond


Data from DolarToday. The implicito exchange rate is based on dividing M2 by FX reserves (which are shrinking). The Simadi is the new currency system. The DolarToday rate of 624 is based on market transactions. It is down from 423 per USD when I last posted in May, almost a 50% depreciation in two months.

May 2015: Venezuela Socialist Party Logo Contains Hidden Currency Chart

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