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Venezuelan wages into digital currency

Publish: 2021-04-26 19:19:36
1.

According to the exchange rate on December 10, 2019, 1venezuelan Bolivar = 0.9756 yuan , 1yuan = 1.0048 Venezuelan Bolivar

for example:

if the size of a handlebar needs 3 RMB, it needs Venezuelan Bolivar: 3 * 1.0048 Venezuelan Bolivar = 3.0144 Venezuelan Bolivar

a cup needs 10 Venezuelan bolivars, and RMB: 10 * 0.9756 = 9.756

extended information:

Venezuela originally used peso. Since 1940, the Central Bank of Venezuela began to issue Bolivar. So far, it has issued a variety of denominations and patterns of banknotes, some of which have been withdrawn from circulation. In addition, commemorative banknotes were issued

On April 18, 1947, Venezuela first stipulated that the gold content of Bolivar was 0.265275 g, and the official exchange rate was 3.35 Bolivar to us dollar. As Venezuela has been using a variety of exchange rates, gold content has long lost its role


2. The latest exchange rate of Venezuelan dollar to RMB is:
update time of Venezuelan strong Bolivar exchange RMB (US Eastern time) current exchange rate bid price 100 exchange 146.71 4-20-2012 5:55pm 1.4671 1.4651 1.4692 give you 160 countries real-time exchange rate query conversion tools: http://www.fareastcontainers.com/realtimeinfor/moneychange.html
3.

On August 17 local time, Venezuelan President Nicolas Maro said that the government will take the digital cryptocurrency "petrocurrency" as the official currency, which exists together with the current currency Bolivar in Venezuela. And promote economic reform on the basis of "petroleum currency", which will help Venezuela tide over the current economic difficulties

In fact, Maro has announced the minimum wage increase more than once this year. On March 1, Maro said through social media that in order to increase the welfare of domestic workers, he decided to raise the minimum wage and issue more food subsidies, according to the website of the Ministry of Commerce. The monthly minimum wage rose to 1.308 million, or 58%; Food subsidies increased by 67% to 549000

in addition, the pension will increase by 549700 on the original basis. In his new year's speech on December 31, 2017, Venezuelan President Maro announced a 40% increase in the national minimum wage, including all occupations in the public sector

4. Venezuelan currency is almost waste paper
only RMB 1 can be exchanged for RMB 100 at local level. Do you still have a lot of Venezuelan dollars? Change it as soon as possible
5.

This is Venezuela's 500 Bolivar note. On the front of the note is Simon Bolivar, the liberator of Latin America. Venezuela implemented currency reform in 2008, issuing a new currency, the strong Bolivar, to replace the old currency, the Bolivar. The strong Bolivar to Bolivar ratio is 1:1000. At present, the maximum denomination of a strong Bolivar is 100, so your 500 Bolivar note is equivalent to 0.5 strong Bolivar. At present, Venezuela's strong Bolivar has no direct exchange rate with RMB, so it can't change money. However, it has collection value. The new one is worth about 16 yuan in the postal currency market

6. 1 RMB (CNY) = 0.6796 Venezuelan Bolivar (VEF)
exchange rate query way:
1
2
3. You can also query the exchange rate through the foreign exchange query tool on your mobile phone
4. Most of the mobile phone futures market software also has the main currency exchange rate market
precautions:
the exchange rate is constantly changing. Please refer to the exchange rate of the day you need. When you exchange at the bank counter and online banking, you should base on the real-time quotation at that time
reference: http://www..com/s?ie=utf-8&f=8&rsv_ bp=1&rsv_ idx=2&tn=home_ PG & WD = Venezuela against RMB & RSV_ spt=1&rsv_ pq=9bda81210000b07a&rsv_ t=%2BpAH9K8dgjgBwRE%2Fxc%2BcHnBdr&rsv_ enter=0&inputT=4539&rsv_ sug3=38&rsv_ sug2=0&rsv_ sug4=4539
7. 1 VEF = 1.014 CNY
Bolivar, Venezuela China RMB

today's exchange rate of Venezuela Bolivar against China RMB: 100 Venezuela Bolivar (VEF) = 101.418 China RMB (CNY)
8.

according to the exchange rate in January 2020, 5000 Venezuelan banknotes = 0.15 RMB, 1 RMB CNY = 33333.3333 Venezuelan Bolivar veb. It can be exchanged in the big four banks

if the size of a handlebar needs 3 RMB, it needs Venezuelan Bolivar: 3 * 1.0048 Venezuelan Bolivar = 3.0144 Venezuelan Bolivar; A cup needs 10 Venezuelan bolivars, and RMB: 10 * 0.9756 = 9.756

On April 18, 1947, Venezuela first set the gold content of Bolivar at 0.265275 g and the official exchange rate at 3.35 Bolivar to US $1. As Venezuela has been using a variety of exchange rates, gold content has long lost its role

On November 8, 1960, the new exchange rate system was implemented, and the official controlled market price was still 3.33-3.35 Bolivar to US $1, which was applicable to the designated export and import settlement approved by the government

other imports and some non trade settlement of foreign exchange are handled in the official free market, and the exchange rate is about 4.54 Bolivar to US $1. On January 18, 1964, the free exchange rate was abolished

On February 28, 1982, triple exchange rate structure was formed, namely official exchange rate, fixed exchange rate and managed "free" market exchange rate. On December 6, the multiple exchange rate mechanism was abolished and the preferential exchange rate for major public sectors was set at 14.50 bolivars to US $1

9. Real time average market exchange rate at 11:18:03 UTC on August 28, 2008
1.00 KRW = 0.00631395 CNY
Korean won Chinese yuan
1 CNY = 158.379 KRW
Chinese yuan Korean won
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