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<p>[QUOTE=&quot;Michael K, post: 2881640, member: 78298&quot;]So, I was trying to figure out the face value of this 2000 bolivar note. Really interesting stuff when you research it. Currently the bolivar is worth about 10 cents.</p><p>But that is only on one exchange rate the Dipro. On the other exchange rate, there are 700 bolivar to the dollar. However, because of economic freefall in Venezuela (and other issues) most people buy their food and other supplies on the black market. On the black market,&nbsp; a dollar can fetch around 3,000 bolivars.</p><p>But the currency was devalued a number of times. Last year inflation was 720%.</p><p>The largest bill the 100 bolivar is worth about 5 cents on the black market.</p><p>The bolivar fuerte (Bs.F) replaced the old bolivar in 2008, at 1000-1.</p><p>So I would assume that 2000 note (while it has collector value) if old notes were accepted, (they are not since 2011) would be worth 2 bolivar or 19.8 cents. On the Dipro exchange rate. But if you look at inflation and the black market price, it is worth 1/50 of 5 cents.</p><p>This nation which is a huge oil exporter and should have money is in serious trouble, with the highest crime rates in the world.[/QUOTE]</p><p><br /></p>

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