|Shoppers walk past empty shelves in the refrigerated foods section of a Makro supermarket in Caracas(Jorge Silva/Reuters)|
The official exchange rate is about six bolivars to one US dollar, but Venezuela's spiralling inflation makes locals desperate to get rid of their bolivars; rates of 400 to one are not unheard of.The IB Times story has a several great photos, besides the dismal one I posted above.
Venezuela's largest denomination note is 100 bolivars (officially valued at about $15, but worth as little as 25 cents on the black market).
In contrast with tourists, Venezuelans' purchasing power has fallen. Wage rises cannot match the inflation rate, which was 68% in 2014. It is widely forecast to hit triple digits this year.