The venezuelan currencyhe bolivarclosed 2025 with a devaluation of 82.7% compared to the dollar American in the official market, marking a wide gap with respect to the parallel rate, according to the last price of the year released this Tuesday by the Central Bank of the South American country.
At the end of trading on the last business day of the year, a US currency was trading for 301.37 bolivarsan amount 479.33% higher at the beginning of the year when it started in 52.02 bolivars.
- He dollar is used as reference in Venezuela to estimate prices of products and services.
In addition to the official exchange rate set daily by the BCV, there is also a parallel market and this same Tuesday it was trading above the 560 bolivars.
With the official value of dollarhe minimum wage of the country remained at 0.43 cents of dollarsince from 2022 the income remains at 130 bolivars.
Salary supplement
In recent years, the Government of Venezuela has supplemented the salary with government bonds from up to 160 dollarspaid at the rate of the day of the issuing body to public employees and without impact on the calculation of labor benefits.
The government bonds public employees are made up of one called “economic war income” which is equivalent to 120 dollars, and another for food, of 40 dollarswhich private workers also receive.
The day before, the opposition leader and elected deputy Henrique Capriles warned that the differential between exchange rates in Venezuela is a “silent tax” that punishes Venezuelans with income in local currency.
In a message published in X, Capriles stated that no one stops “the economic chaos” in the South American country and highlighted that “the prices they fixate on dollar highest, but the income is adjusted to the lowest” and this, he added, generates as a result “more poverty“.
He Central Bank besides does not publish inflation figures since October 2024, when the exchange rate gap began to widen between the dollar official and the black market.
