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  • Month by Month See How Dollar Price Fluctuated in Venezuela During 2019
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Month by Month See How Dollar Price Fluctuated in Venezuela During 2019

January 1, 2020

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: 

RELATED CONTENT: Venezuela: The End of the Year That was Unforeseen

  • 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. 

 

Source URL: La IguanaTV

Translated by JRE

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Tags: devaluation dollar economic crisis Economy prices US Imperialism Venezuela

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