Posts Tagged: currency note

Hyperinflation

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According to Bloomberg, a cup of coffee cost 450 bolivars in Venezuela less than two years ago. Now, as the nation’s hyperinflation continues to skyrocket, a cafe con leche costs 1 million bolivars — or a mere 29 U.S. cents. Questions: 1. What is the most common note in circulation in Venezuela? 2. Venezuela has… Read more »