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Topic: [WTS] VEF Venezuelan Bolivar for BTC or USD (Read 1231 times)

sr. member
Activity: 364
Merit: 250
Those piles of cash have no value at all, Venezuella is now the worst country to live in, inflation is a spiral that once starts will be hard to stop.
sr. member
Activity: 289
Merit: 250
BUY/SELL BTC via WU/PayPal +33*758788429 +WhatsAPP


WOW - A day out at the (black) market in Venezuela
By Scott Tong
March 23, 2016 | 3:24 PM - http://www.marketplace.org/2016/03/23/world/resource-curse/day-out-black-market-venezuela
sr. member
Activity: 289
Merit: 250
BUY/SELL BTC via WU/PayPal +33*758788429 +WhatsAPP
Well we can make a crowd exchange for him if there is any value somewhere.

How much does an asset like a house costs in EURO on average in Venezuela ?

What about other valuable assets?

What is the price of the gold coins/jewelry there?


What are the best online marketplace websites from Venezuela?
full member
Activity: 186
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hero member
Activity: 966
Merit: 1000
It's Not Enough
It's a chaos

50 VEF = 1 KG rice
200 VEF = a nice burger @street

I saw in a doc.

and "10 DOLARES EN VENEZUELA LLEGA A SER MAS DE 5000 BOLIVARES EN EL MERCADO NEGRO"

> 500 vef = $1 (black market)


 Shocked
hero member
Activity: 966
Merit: 1000
It's Not Enough


Are those worth anything more than the paper they are printed on ?


Seems not.

http://www.theguardian.com/world/2016/feb/12/venezuela-under-economic-emergency-as-court-gives-maduro-decree-powers

Actually VEF has about same value of the paper they are printed on (IMHO)


150.000 VEF = $15k  (at XE rate)
hero member
Activity: 994
Merit: 500
So how long with that last you to live life there? Can you atleast buy a house with that or not?
full member
Activity: 222
Merit: 100
Margin Call
full member
Activity: 196
Merit: 100


Are those worth anything more than the paper they are printed on ?
hero member
Activity: 966
Merit: 1000
It's Not Enough
full member
Activity: 222
Merit: 100
Margin Call
Hello As title says i have more than 380000000 VEF which valued 38,068,829.85 in USD According to http://www.xe.com/currency/vef-venezuelan-bolivar
You can see here:
http://www.xe.com/currencyconverter/convert/?Amount=380000000&From=VEF&To=USD

PM or reply here with your offers

Thanks

So you are a millionaire,or the inflation in Venezuela is very high?
How come you are a millionaire in such a socialist/communist country?
Good luck with this OP,but i`m skeptical...

The inflation is out of control in Venezuela

That's why they try to convert in USD. But official rate means nothing due to bank's deep control. They don't allow to exchange VEF in foreign currencies
hero member
Activity: 3164
Merit: 937
Hello As title says i have more than 380000000 VEF which valued 38,068,829.85 in USD According to http://www.xe.com/currency/vef-venezuelan-bolivar
You can see here:
http://www.xe.com/currencyconverter/convert/?Amount=380000000&From=VEF&To=USD

PM or reply here with your offers

Thanks

So you are a millionaire,or the inflation in Venezuela is very high?
How come you are a millionaire in such a socialist/communist country?
Good luck with this OP,but i`m skeptical...
hero member
Activity: 1009
Merit: 506
end well this will not
newbie
Activity: 1
Merit: 0
PM or reply here with your offers
I can change VEF to USD, BTC... let me know if interested in PM
full member
Activity: 283
Merit: 100
PM or reply here with your offers
full member
Activity: 222
Merit: 100
Margin Call
The problem is that he can't exchange by himself

Venezuelan gov strictly avoid the USD exchange right now. So he has to get USD on black market where that XE.COM exchange rate is only utopistic.

No one in Venezuela, except Maduro, could exchange VEF in USD at official rate.
hero member
Activity: 966
Merit: 1000
It's Not Enough
(I think) If VEF is a coin of your country, valued at $38Mill USD, why don't exchange it for $$ yourself?
There are not exchanges for vef/btc?
something related to law, or illegal?

(I never heard about vef, i didn't search in google yet).
full member
Activity: 283
Merit: 100
Hello As title says i have more than 380000000 VEF which valued 38,068,829.85 in USD According to http://www.xe.com/currency/vef-venezuelan-bolivar
You can see here:
http://www.xe.com/currencyconverter/convert/?Amount=380000000&From=VEF&To=USD

PM or reply here with your offers

Thanks
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