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Trading Bolivars for Dollars

by Warao

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Apr 22, 2007 at 12:44 PM

I just returned from Venezuela and was surprised that I was approached by several persons in the airport and asked if I wanted to trade my dollars for Bolivars. I did and got 3,250 Bs for 1 dollar. I thought it was illegal to trade anywhere except a bank or cambio. Has Hugo relaxed this ruling on changing money??? Later, after flying to another city in Venezuela, I traded 3,800 Bs for 1 dollar. David

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Re: Trading Bolivars for Dollars

by melim19 Apr 22, 2007 at 2:03 PM

Yes, many people approach you.. but it is ILLEGAL... however.. hey, its a good deal. The problem is that many times these people hand you counterfeit bolivares.. what many people do is trade not in a bank nor with these people but with their venezuelan contacts/ friends.

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