Search results
Results from the WOW.Com Content Network
Inflation accelerated, and on 1 December 2017, it reached 100,000 VEF/USD for the first time ever. The rate surpassed 200,000 VEF/USD on 18 January 2018, then 500,000 VEF/USD on 16 April, 1 million VEF/USD on 30 May, 2 million VEF/USD on 7 June, and 5 million VEF/USD on 16 August. [5] At the time of redenomination on 20 August 2018, the ...
Full-bodied silver (i.e., 0·900 fine) was legal tender to 500 bolívares, subsidiary silver (0·835 fine) to 50 bolívares, and nickel and copper to 20 bolívares. The bolívar was defined as equal to the gold franc or peseta, 290·322 mg fine gold (par: 5·18 per US dollar and 25·22 per pound sterling).
List of all American sovereign state currencies Present currency Country or dependency (administrating country) Currency sign Fractional unit Ref(s) Aruban florin Aruba (Netherlands)
As of May 30, 2009, only 336 $10,000 bills were known to exist, along with 342 $5,000 bills, 165,372 $1,000 bills and fewer than 75,000 $500 bills (of over 900,000 printed). [ 12 ] [ 13 ] Due to their rarity, collectors pay considerably more than the face value of the bills to acquire them, and some are in museums in other parts of the world.
The newly independent Poland had been struggling with a large budget deficit since its inception in 1918 but it was in 1923 when inflation reached its peak. The exchange rate of the Polish mark (Mp) to the US dollar dropped from Mp 9.— per dollar in 1918 to Mp 6,375,000.— per dollar at the end of 1923. A new personal 'inflation tax' was ...
The value of one US dollar in Venezuelan bolívares fuertes (before 20 August 2018) and soberanos on the black market through time, according to DolarToday.com. Blue and red vertical lines represent every time the currency has lost 99% of its value.
An airline ticket showing the price with ISO 4217 code "EUR" (bottom left) and not with euro currency sign " € "ISO 4217 is a standard published by the International Organization for Standardization (ISO) that defines alpha codes and numeric codes for the representation of currencies and provides information about the relationships between individual currencies and their minor units.
Venezuela is a major producer of oil products, which remains the keystone of the Venezuelan economy. Under the Chávez government, crude oil production decreased from 3.12 million barrels a day when Chávez took office in 1999, to 2.95 million barrels a day in 2007, [10] whilst oil prices increased 660%.