BsF 0.097

UPDATE TO PREVIOUS POST ABOUT FILLING UP THE CAR.

10 eggs or 100 gallons of gas

Since 1996, gasoline prices in Venezuela have not wavered. The price? BsF 0.097 per liter (for 95 octane). So at the official exchange rate of BsF 6.3 per dollar, one gallon of gas here costs 5.8 cents.

$0.058/gal

Crazy, right? Well, it get’s even more cray cray: at the current parallel rate of BsF 48 per dollar, one gallon of gas costs 7/10ths of a cent (though technically you could round up to 8/10ths of a cent).

$0.0076/gal

It blows the mind. Especially when you start to compare it to normal grocery items.

One example for now. At the parallel exchange rate, one egg costs 7.5 cents. That’s 10 times the price of a gallon of gas. In other words, you could buy 10 gallons of gas for the price of one egg. That nearly fills most compact cars! One egg! At the cheaper Saturday market!