The unofficial dollar increased without restrains from January until the end of the year 2019. From approximately 3 thousand bolivars per US dollar – the amount in which the year began – it rose to more than 50 thousand, in an unequivocal race towards hyperinflation and dollarization in the Venezuelan economy . Here is a 12 month count:
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- January: 3 thousand 249 bolivars (3,249)
- February: 3 thousand 560 bolivars (3,560)
- March: 3 thousand 648.14 bolivars (3,648)
- April: 6 thousand 192, 60 bolivars (6,192)
- May: 5 thousand 702.96 bolivars (5,702)
- June: 6 thousand 509.23 bolivars (6,509)
- July: 12 thousand 489.30 bolivars (12,489)
- August: 24 thousand 638.39 bolivars (24,638)
- September: 20 thousand 572.67 bolivars (20,572)
- October: 22,972.27 bolivars (22,972)
- November: 38 thousand 395.70 bolivars (38,395)
- December: 55 thousand bolivars (55,000)
Standing out those of the month of May, moment in which it retreated a little; that of August, when it doubled its value and the last month of this year, when it double the figure of August 2019.
Translated by JRE
