Categoria / Category Curiosidades Venezuela

In + More..., Curiosidades Venezuela, Venezuela 2012 On  31/07/2012  No comments

Money exchange is one of the curiosities in Venezuela. The official rate for one dollar is 4 bolivars. However, in the black market you can get up to 9 Bolivars for 1 dollar. The reason for this huge exchange rate difference is the currency exchange controls adopted by Hugo Chavez government. In general, people have a limit of US$500 per year to exchange to foreign money. These controls generated the growth of a parallel market to sell and by foreign currency. Concluding, in Venezuela, a traveler has to take cash and not spend money on credit card, otherwise, s/he will spend a lot more.

Travel Tip: Bring cash.

In + More..., America, Curiosidades Venezuela, Venezuela 2012 On  25/07/2012  No comments

The time zone in Venezuela is considered one of the Chávez’s whims. Here the time zone is -4:30 hours (UTC/GMT). I asked many people about the reasons for having a 30 minute time difference. They all answered me: “I don’t know, it is Chavez idea”. It is incredible to think of an eccentric president that one day wakes up and decided to change the time of the whole country to 30 minutes earlier…

See more at: http://www.reuters.com/article/2007/09/19/us-venezuela-time-idUSN1927682520070919