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By the end of the month it reached 87 VES/USD. The rate then surpassed 100 VES/USD on 3 October 2018, 1,000 VES/USD on 9 January 2019, 10,000 VES/USD on 19 July, 100,000 VES/USD on 6 April 2020, and reached the 1,000,000 VES/USD on 23 November 2020. According to DolarToday, the parallel exchange rate was 4,146,022 VES/USD as of 30 August 2021. [5]
The currency strengthened to Rp8,500 later in 2001 but ended 2001 at Rp10,505. March 2002 had the currency break below Rp10,000, from which point the currency maintained a rate in the Rp8,000s and Rp9,000s until August 2005, and in the latter half of that year, the trading range extended towards Rp11,000, but ending the year just below Rp10,000.
Following the death of President Hugo Chávez, Venezuela faced a severe socioeconomic crisis during the presidency of his successor, President Nicolás Maduro, as a result of their policies.
In 2013, the homicide rate was approximately 79 per 100,000, one of the world's highest, having quadrupled in the past 15 years with over 200,000 people murdered. [244] By 2015, it had risen to 90 per 100,000. [245] The capital Caracas has one of the greatest homicide rates of any large city in the world, with 122 homicides per 100,000 ...