Venezuela's currency depreciated 24.6% against the dollar in the first quarter of 2025

The bolívar closed in March at 69.77 bolivars per dollar, while the parallel quotation reached 99 bolivars, widening the gap between the two markets despite the controls of the regime of Nicolás Maduro

In the first quarter of this year, the bolívar lost 24.6% of its value in the official market against the dollar – currency used in the country to set prices. The parallel rate also closed with a considerable gap, reflecting the exchange rate instability in the country. The entry The impact of exchange rate instability: Bolívar devalues 24% in the first quarter #2Apr was first published in El Impulso.

DOBLE LLAVE – The Venezuelan currency, the bolívar, lost 24.6% of its value against the US dollar, currency used in the country to fix prices, during the first quarter of the year in the official market, where on Tuesday 1 April the rate exceeded 70 bolívars, well below the parallel price. In the first three months of 2025, the official quotation increased 32.7%, that is, from 52.57 bolívares to 69.77, according to figures of the Central Bank of…

(EFE).- The currency of Venezuela, the bolívar, lost 24.6% of its value against the US dollar during the first quarter of the year in the official market, where on Tuesday the rate exceeded 70 bolívars, well below the parallel price.In the first three months of 2025, the official quotation increased a [...] The entry Official rate exceeds 70 Bs and falls 24% against the dollar in the first quarter of 2025 was first published in ALnavío.

The bolívar lost 24.6% of its value against the US dollar during the first quarter of the year in the official market, which closed that period with a wide gap with respect to the parallel rate. The official quotation in force on Tuesday is one dollar for 69.77 bolívares, a price 32.7% higher than at the beginning of the year, of 52.57 bolívares, according to figures from the Central Bank of Venezuela (BCV), which daily spreads the average rate …

The bolívar lost 24.6% of its value against the US dollar during the first quarter of the year in the official market, which closed that period with a wide gap with respect to the parallel rate. The official quotation in force on Tuesday 1 April is one dollar for 69.77 bolívares, a price 32.7% higher than at the beginning of the year, of 52.57 bolívares, according to figures from the Central Bank of Venezuela (BCV). Meanwhile, the dollar in the …