>>10748409I felt like learning after making and seeing Venezuela memes in the thread and eventually asleep reading about hyperinflation in Venezuela a few days ago.
This is like the fourth or fifth fucking time they've had to do it. This doesn't include the devaluations they made to their fixed exchange rate - just outright changing the currency itself.
Now that I'm off the mic:
Bolívar, Currency of Venezuela
>31 March 1879 – 31 December 2007>Succeeded by: Bolívar fuerte>Reason: inflation>Ratio: 1000 bolívares = 1 bolívar fuerteBolívar fuerte
>1 January 2008 – 20 August 2018>Succeeded by: Bolívar soberano>Reason: hyperinflation>Ratio: 100,000 bolívares fuertes = 1 bolívar soberanoBolívar soberano
>20 August 2018 – 30 September 2021>Succeeded by: Bolívar digital >Reason: hyperinflation>Ratio: 1,000,000 bolívares soberanos = 1 bolívar digital1000 bolívares = 1 bolívar fuerte
100,000 bolívares fuertes = 1 bolívar soberano
1,000,000 bolívares soberanos = 1 bolívar digital
1 Bolívar digital is worth 100,000,000,000,000 fucking 2007 OG Bolívares. That's one hundred trillion.
