A severe economic crisis in Venezuela has left its currency, the bolivar, nearly worthless. Hyperinflation since the beginning of 2018 has devalued the currency to the point where stacks of money are needed to buy simple necessities.
Inflation in Venezuela Skyrockets Cost of Everyday Goods
- By Reuters
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A 1kg package of pasta is pictured next to the 2,500,000 bolivars, the equivalent of $.38 USD, it would cost to buy it.
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A package of diapers costs 8,000,000 bolivars, the equivalent of $1.22.
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A kilogram of carrots is pictured next to 3,000,000 bolivars, its price and the equivalent of $0.46.
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One kilogram of corn flour costs 2,500,000 bolivars, the equivalent of $0.38.
