How much money do you need to buy different everyday items in Venezuela

Imagine that you sit down to dinner, and by the time you finish the meal, its cost doubles. Such is the reality of hyperinflation, the result of printing too many banknotes in relation to very modest economic turnovers. This makes money virtually worthless.

Venezuela is currently in the grip of hyperinflation. Moreover, the situation in the country is really catastrophic. By the end of the year, inflation is expected to reach 1,000,000 percent. The government is trying to curb the horrific numbers by taking 5 zeros from the value of the national currency of the bolivar. In addition, the authorities provided new notes regarding government money. This led to confusion and confusion about the true price of items and transactions. The situation has become especially nightmare for poor Venezuelans who do not have a bank account. These people were forced to carry a huge pile of money with them to buy even the simplest household items.

Can you imagine that you need to pay millions for a roll of toilet paper, which has a penny of actual cost? To give us an idea of ​​how it actually looks, the Venezuelan photographer Carlos Garcia Rawlins photographed groceries and essentials next to the cash needed to buy them. Prices are indicated at the time of shooting, and the situation is so volatile that today the cost can radically differ from the one mentioned here. These pictures are stunning and clearly demonstrate the scale of the economic crisis in which Venezuelans have fallen.

A 2.4 kg chicken costs 14.6 million bolivars, equivalent to $ 2.22.

A toilet roll costs 2,600,000 bolivars, or $ 0.4.

A kilogram of carrots for 3,000,000 bolivars, which equals $ 0.46.

Packaging women's sanitary pads costs 3,500,000 or $ 0.53.

Diaper package - 8,000,000 bolivars, equivalent to $ 1.22.

A kilogram of cheese costs 7,500,000 bolivars, in dollars this price would have been 1.14.

Venezuelans buy a kilogram of rice for 2,500,000 bolivars, or $ 0.38.

Soap costs 3,500,000 bolivars, which is only $ 0.53.

A kilogram of meat costs 9.5 million bolivars, or $ 1.45.

A kilogram of tomatoes costs 5,000,000 bolivars, which equals $ 0.76.

A pack of pasta weighing 1 kg costs 2,500,000 bolivars or $ 0.38.

Watch the video: Venezuelans struggle with rampant inflation (May 2024).