Nothing is too expensive now in the country of Venezuela, to buy a packet of tissue, the price is 2 million, one chicken is sold 14 million. That's not how much, yes the most shocking ... our Indonesian citizens who happened to be on vacation in Venezuela had to spend 1.7 billion to eat in restaurants, even though only 20 servings of food.
Although it sounds terrible, fortunately these prices are not in rupiah, but bolivars, aka Venezuelan currencies. Yes, our neighboring country is now experiencing an acute financial crisis ... Currency hyperinflation. Where 1.7 billion Bolivar is equivalent to 7 million rupiah Indonesian currency.
Venezuelan Currency Collapses, Meat Prices Only 9.5 million Bolivar beef, which is per kilogram.
So you can imagine that if we want to eat chicken pecel, fried rice, etc., we have to carry bolivar money, one full backpack to pay for our groceries. It was just eating, how to shop to the Mall, for example, buy a new mess, the previous replacement with lots of air circulation ... Wahh had to prepare money in the trunk of a car like him.
The chicken we usually buy from 26 thousand to 32 thousand, in the country of Venezuela is sold for 14.6 million Bolivars.
A unique experience from an Indonesian citizen named Tri Astuti, can illustrate how the atmosphere of the Venezuelan country is being hit by the financial crisis, this is the story;
Tri Astuti, as the executive of the Indonesian embassy's economic function in Caracas, said that the meal with around 20 of his friends with a regular lunch menu was not luxurious but was forced to be paid through additional bank transfers because there were insufficient funds.
Sekilo Tomatoes = 5 million bolivars.
When we paid the price was 1.7 billion (bolivar) and in our account there was only one billion, so the restaurant was given an account number to transfer. Just the principle of trust, because internet banking is busy, many people are transferring, Tri Astuti's story about the event held on August 14th.
A woman's sanitary napkin sold for 3.5 million Bolivars.
As information, to avoid carrying pocket money, many Venezuelans choose to transfer money for small transactions even in the midst of skyrocketing prices. The collapse of the Venezuelan economy was marked by, among other things, hyperinflation, power outages, lack of food and medical supplies.
And the craziest because of the Monetary crisis in Venezuela, company employees are paid not with money but with Chicken Eggs. This situation has caused millions of Venezuelans to emerge from the formerly oil-rich country.
Baby diapers cost 8 million Bolivars.
According to data from the United Nations, 2.3 million Venezuelans have left the country since 2014 when the economic crisis began to bite due to the fall in world oil prices. Many have blamed Maduro's President Nicols and his government for the country's bleak situation, because it only relies on oil, and was answered when the crisis hit no more money like the tourism sector for example.
Want to make vegetable carrot soup, you just pay with 3 million bolivars.
The Bolivar Venezuelan currency collapsed in value almost worthless, following a severe economic downturn. The value of one dollar is equivalent to 6.3 million boliver or 14500 rupiah Indonesian currency. To buy a packet of diapers, you have to spend 8 million bolivars, 5 million tomatoes 5 million bolivars and 3.5 million bolivar of Japanese softex bread.
