As of today, the last reported BOLIVAR price is unknown. Venezuelan Bolívar's last market cap was unknown. 24 hour BOLIVAR volume is unknown. It has a market cap rank of unknown. Venezuelan Bolívar is traded on exchanges. Over the last day, Venezuelan Bolívar has had 0% transparent volume and has been trading on 1 active markets with its highest volume trading pairs being .
Venezuela's annual inflation rate hit 686.4% in 2021, demonstrating a deceleration of consumer price growth versus the previous year when inflation was 2,959.8%, the country's central bank said on Saturday.
Monthly inflation in December rose 7.6% and, since September, the inflation rate has remained in the single digits.
The deceleration in prices follows government measures which include the restriction of credit and lower spending in bolivars to maintain the stability of the exchange rate.
Despite measures to improve supplies and control inflation, prices remain high and continue to hit the earnings of Venezuelan families, limiting their ability to buy goods like food and medicine. A minimum monthly salary is equivalent to $1.50.
In 2019, amid hyperinflation and economic collapse, Venezuela's government relaxed economic controls, allowing greater quantities of foreign currency to circulate, which provided some sectors with breathing space. The central bank has yet to publish data regarding the country's economic growth.