Tuesday, August 18, 2015

Venezuela's currency is now so worthless that people are using it as napkins

The photo is on Reddit:

From the article:

According to Venezuela's official bolivar-dollar exchange rate, the man using his money as a napkin is wasting about $0.31 (£0.20).

But on the black market, the reality is completely different. You can get 676.88 bolivars to the dollar, according to dolartoday.com. That means holding food with a 2 bolivar note costs the holder less than a third of one US cent.
I wonder if the next set of photos will show the Venezuelans shoveling Bolvars into the oven to cook with.

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