Time series key
|
BBEX3.A.VEF.EUR.CA.AB.B04 |
Unit
|
VEF |
Dimension
|
one |
Timespan
|
from
2010 to
2015 |
Last update
|
20.09.2023 12:51:24 PM |
|
|
Methodology
|
Until 2014 calculated on the basis of reporting date rates (generally one rate per week), 2015 on the basis of month-end rates. |
Source
|
Banco Central de Venezuela, Caracas |
|
|
Comment on
2013 |
On 9 February 2013, the fixed exchange rates (buying/selling) between the bolÃvar and the US dollar of USD 1 = VEF 4.2893 / 4.3000 were changed to USD 1 = VEF 6.2842 / 6.3000; this corresponds to a depreciation of the bolÃvar vis-á-vis the US dollar of 31.7%. We recorded the following exchange rates (buying/selling) for the euro: 8 February 2013: EUR 1 = VEF 5.73222052 / 5.7469500 13 February 2013: EUR 1 = VEF 8.44973532 / 8.47161000 |
Comment on
2010 |
On 11 January 2010, a multiple exchange rate system was introduced; on the basis of the exchange rates (buying/selling) on 8 January 2010 (EUR 1 = VEF 3.0916554 / 3.0996550) and on 11 January 2010 (EUR 1 = VEF 6.22977932 / 6.24661000), the devaluation for official exchange rate II was 50.4%. Average for official exchange rate I see BBEX3:A:VEF:EUR:CA:AB:A04. |