How many Venezuelan bolivars are in a loaf of bread?
A loaf of bread cost 7 million Bolivars and a bus ticket came at 2 million Bolivars.
1 USD = 8.10385 VES Sep 23, 2022 21:25 UTC
Check the currency rates against all the world currencies here. The currency converter below is easy to use and the currency rates are updated frequently. This is very much needed given that the extreme volatility in global currencies lately.
This average is based on 20 price points. It can be considered reliable and accurate. Latest update: September 18, 2022.
$42.530 billion (nominal, 2021 est.)
Clean water in Venezuela has become a luxury, and even with price controls set in place, a bottle of water is about $3, a significant portion of the country's minimum wage of approximately $8 a month.
| Convert | To | Result |
|---|---|---|
| 1 VES | USD | 0.12318 USD |
| 100 VES | USD | 12.3183 USD |
| 10,000 VES | USD | 1,231.83 USD |
| 1,000,000 VES | USD | 123,183.05 USD |
| Meal in a cheap restaurant | 10.00 USD (5.00-15) |
|---|---|
| Meal for 2 People, Mid-range Restaurant, Three-course | 43 USD (25-70) |
| McMeal at McDonalds (or Equivalent Combo Meal) | 8.00 USD (7.00-10.00) |
| Domestic Beer (0.5 liter draught) | 1.40 USD (0.96-2.50) |
| Imported Beer (0.33 liter bottle) | 2.30 USD (1.50-4.00) |
CURRENCY RESTRICTIONS FOR ENTRY: USD 10,000 (or equivalent) or more must be declared. CURRENCY RESTRICTIONS FOR EXIT: USD 10,000 (or equivalent) or more must be declared.
| USD | VEF |
|---|---|
| 10 USD | 8,028,760 VEF |
| 25 USD | 20,071,900 VEF |
| 50 USD | 40,143,800 VEF |
| 100 USD | 80,287,600 VEF |
The price of Combo meal in fast food restaurant (Big Mac Meal or similar) in Caracas is $10. This average is based on 18 price points. It can be considered reliable and accurate. Latest update: September 18, 2022.
How much is a gallon of gas in Venezuela?
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Venezuela Gasoline prices, litre, 19-Sep-2022.
| Venezuela Gasoline prices | Litre | Gallon |
|---|---|---|
| USD | 0.022 | 0.083 |
| EUR | 0.022 | 0.083 |
| Markets | Edit |
|---|---|
| Chicken Fillets (1 lb) | 2.32$ |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 2.56$ |
| Apples (1 lb) | 1.94$ |
| Banana (1 lb) | 0.43$ |
| Average Restaurant Prices | |
|---|---|
| Average Rent Prices | |
| Apartment (1 bedroom) in City Center | $190.00 |
| Apartment (1 bedroom) Outside of Center | $146.97 |
| Apartment (3 bedrooms) in City Center | $295.79 |
The cost of living in Venezuela is $762, which is 1.22 times less expensive than the world average. Venezuela ranked 107th out of 197 countries by cost of living and the 186th best country to live in. The average salary after taxes in Venezuela is $189, which is enough to cover living expenses for 0.2 months.
According to a study by a team of researchers in 2021 76.6% of Venezuelans live on less than $1.90 a day, the international standard for extreme poverty. The report, the Encuesta Nacional de Condiciones de Vida (ENCOVI), has been produced every year since 2014, when extreme poverty was “only” 13.1%.
500 Venezuelan Bolívar Soberano = 62.110435 US Dollar (USD)
Iranian Rial
The Iranian Rial is the least valued currency in the world. It is the lowest currency to USD. For the simplification of calculations, Iranians regularly use the term 'Toman'. 1 Toman equals 10 Rials.
...
Venezuela Is Unbelievably Cheap
Venezuela is a country where you can easily get by on just fifty bucks a week, with a budget of $100 a week, I lived like a king.
Many people use cards to buy goods rather than cash. As a result of Venezuela's hyperinflation, a chicken cost 14.6m bolívar ... ... that's two stacks of 1,000 bolívar notes, 73cm tall ...
How much does coffee cost in Venezuela?
In Venezuela, one cup of coffee = one million bolivars. Two years ago, it was 450. A cup of coffee now costs one million bolivars in Caracas.
1000 US Dollar is 406182564 Venezuelan Bolívar Fuerte.
The Kuwaiti dinar (KWD) is often the most valuable foreign currency and it does not rely on a peg. It floats freely. Substantial oil production has helped to augment Kuwait's wealth and support the value of the Kuwaiti dinar. Over the years, Kuwait amassed a significant sovereign wealth fund.
While customers love the hog dogs, they cost $5-$6 each — too expensive for most Venezuelans. At hotdog stands, they're about 58 cents. With minimum wage in Venezuela $5 a month, even eating a street-stand hotdog has become a luxury for many.
According to the OVF (Venezuelan Finance Observatory) in a recent survey of more than three hundred companies, the average salary for workers is $53. Among professionals and technicians, the average is around $100 and that of the management of a company averages $216.
| Job type | Median salary (USD) | Salary ranking compared to all cities |
|---|---|---|
| Physician | $1,587 | 265/265 |
| Finance Manager | $1,569 | 264/265 |
| C Level Executive | $1,433 | 264/265 |
| Content Marketing | $1,377 | 264/265 |
Local banknotes are in short supply. Most people use card payments, local bank transfers (“hay punto”) and US dollars instead. Debit or credit card transactions may take longer to go through than expected, or require several attempts.
| Fee Amount (USD) | Visa Type | Description |
|---|---|---|
| $160 | B | Business/Tourist |
| $160 | C-1 | Transit |
| $160 | D | Ship/Airline Crew |
| $160 | F | Student (academic) |
Walmart US does not ship internationally, however, you can use a package forwarding company like Planet Express to ship products to your country.
| VEF | NGN |
|---|---|
| 50 VEF | 0.0265589 NGN |
| 100 VEF | 0.0531178 NGN |
| 500 VEF | 0.265589 NGN |
| 1,000 VEF | 0.531178 NGN |
How much is $100 dollar in Nigeria money?
100 US Dollar = 802.986621 Venezuelan Bolívar Soberano (VES)
And that is that physical gold and silver are both superseding the soaring price inflation tied to paper currencies, and according to a missionary who lives and works in Venezuela, a single ounce of silver can buy enough food for a family to last three months, and an ounce of gold can buy you a house.
Can foreigners own real property? Are there nationality restrictions on land ownership? Generally, there are no restrictions for foreign citizens to own land in Venezuela, save for certain exceptions.
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Russia Gasoline prices, 19-Sep-2022.
| Russia Gasoline prices | Litre | Gallon |
|---|---|---|
| USD | 0.841 | 3.184 |
| EUR | 0.843 | 3.191 |
| China Gasoline prices | Litre | Gallon |
|---|---|---|
| CNY | 9.038 | 34.213 |
| USD | 1.288 | 4.876 |
| EUR | 1.292 | 4.891 |
Prices are as per the date 27 Jun 2022. Venezuela has the cheapest price, just $0.02 per liter, followed by Libya ($0.03) and Iran ($0.05). Among the top ten cheapest, five countries are located in Asia, four in Africa, and one in South America. Hong Kong has the most expensive price of $3.03, followed by Norway.
For example, Expatistan's data show a tube of toothpaste in Caracas costs 28 bolivars ($4.48), while it averages $2.50 in New York—a difference of about 79 percent. A box of 32 tampons, meanwhile, has a 143 percent difference (approximately $17 in Caracas and $7 in New York).
Venezuela is 2.7 times more expensive than India.
However, for the most part, Venezuela is still a great place to live, and most expats are very happy in the country. Here are some of the things that make it such a great destination. Venezuela has a surprisingly diverse climate, even though it is a tropical country in terms of its location right above the equator.
Can I live in Venezuela?
In order to gain permanent residence status in Venezuela, applicants must already have been legally and continuously residing there for a period of at least 10 years. They must also pass a citizenship test, and they may need to meet other requirements, such as have proof of adequate financial funds.
Do not travel to Venezuela due to crime, civil unrest, poor health infrastructure, kidnapping, and the arrest and detention of U.S. citizens without due process or fair trial guarantees. Exercise increased caution in Venezuela due to terrorism and wrongful detentions.
The price of Combo meal in fast food restaurant (Big Mac Meal or similar) in Caracas is $10. This average is based on 18 price points. It can be considered reliable and accurate. Latest update: September 18, 2022.
| Meal in a cheap restaurant | 10.00 USD (5.00-15) |
|---|---|
| Meal for 2 People, Mid-range Restaurant, Three-course | 43 USD (25-70) |
| McMeal at McDonalds (or Equivalent Combo Meal) | 8.00 USD (7.00-10.00) |
| Domestic Beer (0.5 liter draught) | 1.40 USD (0.96-2.50) |
| Imported Beer (0.33 liter bottle) | 2.30 USD (1.50-4.00) |
...
Venezuela Gasoline prices, litre, 19-Sep-2022.
| Venezuela Gasoline prices | Litre | Gallon |
|---|---|---|
| VEF | 0.100 | 0.379 |
| USD | 0.022 | 0.083 |
| EUR | 0.022 | 0.083 |
Venezuela: Average Salary, Minimum Wage & Mortgages
A minimum wage in Venezuela is less than 7$ a month and average wage is less than 25$, making the Venezuelans that don't have foreign assets or income (though there's a few million that do) the poorest people in the world.
And that is that physical gold and silver are both superseding the soaring price inflation tied to paper currencies, and according to a missionary who lives and works in Venezuela, a single ounce of silver can buy enough food for a family to last three months, and an ounce of gold can buy you a house.
| Convert | To | Result |
|---|---|---|
| 1 VES | USD | 0.12318 USD |
| 100 VES | USD | 12.3183 USD |
| 10,000 VES | USD | 1,231.83 USD |
| 1,000,000 VES | USD | 123,183.05 USD |
The cost of living in Venezuela is $762, which is 1.22 times less expensive than the world average. Venezuela ranked 107th out of 197 countries by cost of living and the 186th best country to live in.
Many people use cards to buy goods rather than cash. As a result of Venezuela's hyperinflation, a chicken cost 14.6m bolívar ... ... that's two stacks of 1,000 bolívar notes, 73cm tall ...
Is stuff cheap in Venezuela?
Venezuela Is Unbelievably Cheap
Venezuela is a country where you can easily get by on just fifty bucks a week, with a budget of $100 a week, I lived like a king. $100 on the black market gets you literal wads of cash…
While customers love the hog dogs, they cost $5-$6 each — too expensive for most Venezuelans. At hotdog stands, they're about 58 cents. With minimum wage in Venezuela $5 a month, even eating a street-stand hotdog has become a luxury for many.
...
Russia Gasoline prices, 19-Sep-2022.
| Russia Gasoline prices | Litre | Gallon |
|---|---|---|
| USD | 0.841 | 3.184 |
| EUR | 0.843 | 3.191 |
| Country | Updated | Actual |
|---|---|---|
| Russia | Aug/22 | 0.84 USD/Liter |
| Serbia | Aug/22 | 1.61 USD/Liter |
| Slovakia | Aug/22 | 1.75 USD/Liter |
| Slovenia | Aug/22 | 1.52 USD/Liter |
Prices are as per the date 27 Jun 2022. Venezuela has the cheapest price, just $0.02 per liter, followed by Libya ($0.03) and Iran ($0.05). Among the top ten cheapest, five countries are located in Asia, four in Africa, and one in South America. Hong Kong has the most expensive price of $3.03, followed by Norway.
| Job type | Median salary (USD) | Salary ranking compared to all cities |
|---|---|---|
| Physician | $1,587 | 265/265 |
| Finance Manager | $1,569 | 264/265 |
| C Level Executive | $1,433 | 264/265 |
| Content Marketing | $1,377 | 264/265 |
How much money does a person working in Venezuela make? A person working in Venezuela typically earns around 132,000 VES per month. Salaries range from 33,500 VES (lowest average) to 591,000 VES (highest average, actual maximum salary is higher).
Minimum Wages in Venezuela increased to 12600000 VEF/Month (12600000 USD/Month) in March 2022. The maximum rate of minimum wage for employees was 5196000 VEF/Month and minimum was 4 VEF/Month. Data published Monthly by Central Bank.
