"BOLIVAR FUERTE" (BF) : the 'new'? currency
What is the exchange rate between the 'old' bolivar and the 'bolivar fuerte'?
Is it true that for the next 6 months there are 2 currencies?
What happens after that?
Is the black market for US dollars, still thriving??? can you still get a max of 6,000 old bolivares per 1 US dollar?
Apoptosis,
1 Bs. F = 1000 Bs.
Bs. F: bolivar fuerte (new currency). Bs. Bolivares (old currency).
For 2 months there will be both currencies. After that the old Bolivares will not longer be accepted.
Black market will continue as long as there is a control over the official exchange rate (almost the same time that Chavez is in power). I will guess you can still get 6 Bs. F per dollar... maybe more or less, depends where you change.
Hi
First there will be for 6 MONTHS and not 2 MONTHS as Nancy put.
The exchange is between 4200 to 4800. 6000 was before 12 december
Chao
Ops! Sorry, Caracas2007 is right about the amount of time. It is 6 months.
However, I was in Venezuela until Dec. 29th and the exchange rate that I found was 5000Bs. per dollar (at the lower rate and because I was doing it with family, I was offered 6000Bs per dollar). People we met on the trip who are from Germany got 12000Bs. per Euro. Apoptosis , just be carefull where you exchange your money and don't allow anybody to give you less than 5 Bs. F per dollar.