candle_lighter@lemmy.ml to

No Stupid Questions@lemmy.worldEnglish · 1 year ago

If Venezuelan money is so worthless, why is it expensive to buy Venezuelan bank notes online?

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If Venezuelan money is so worthless, why is it expensive to buy Venezuelan bank notes online?

candle_lighter@lemmy.ml to

No Stupid Questions@lemmy.worldEnglish · 1 year ago

I wanted to buy a large amount of Venezuelan bank notes as a gag gift for Christmas. 1,000,000 Venezuelan Bolivars is supposed to be less than 1€ but when looking online most sales are 50€+ for that amount.

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TurboTurbo@feddit.nl
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1 year ago
I guess the transaction and exchange fees don’t scale with the inflation of the currency. The exchange server may also have a minimum starting fee.
- dustyData@lemmy.world
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  1 year ago
  None of that money is in circulation anymore. It can’t legally be exchanged. They’re not legal tender and are only collector’s items now.

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