How much does a gallon of gasoline cost in Venezuela?
Venezuela has a dual-pricing system, with one subsidized amount and a separate “international” price of 50 cents per liter or $2.27 per gallon.
How much is gas in Caracas Venezuela?
Gas Prices in Caracas, Venezuela
| Transportation | Edit |
|---|---|
| Gasoline (1 gallon) | 2.03$ |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 50,000.00$ |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 31,125.00$ |
Is gas cheap in Venezuela?
Venezuelan gasoline officially remains by far the cheapest in the world, still priced by the government after years of hyperinflation at a rate equivalent to 0.00000002 cents per gallon.
Is gasoline free in Venezuela?
Since June 2020 there have been two gasoline prices in Venezuela; the subsidized cost and another estimated at $0.50. The government did not specify if a monthly quota of up to 120 liters of subsidized gas remains in place.
How much gas can you buy for a dollar in Venezuela?
But in Venezuela’s inflation-hit economy, a single U.S. dollar can buy 3.5 million liters – or 925,000 gallons – of gasoline. The government has said it will tackle this insanity with a hike in the cost of state-subsidized fuel.
Is gas cheaper than water in Venezuela?
In Venezuela, gasoline is cheaper than water. Literally. Gas is heavily subsidized there – and hyperinflation has made the currency, the bolívar, worthless. So in dollar terms a bottle of water costs more in Venezuela than a tank of gas.
Who has the cheapest gas prices in the world?
Cheapest Gas Price by Country
- Venezuela. Venezuela, while overall a rather impoverished nation, is rich in oil reserves and fossil fuels, and uses that particular wealth to provide their people with virtually free gasoline.
- Iran.
- Kuwait.
- Nigeria.
- Egypt.
- Malaysia.
- Saudi Arabia.
- The United Arab Emirates.
What is an American dollar worth in Venezuela?
Convert US Dollar to Venezuelan Bolívar
| USD | VEF |
|---|---|
| 1 USD | 457,224 VEF |
| 5 USD | 2,286,120 VEF |
| 10 USD | 4,572,240 VEF |
| 25 USD | 11,430,600 VEF |
How much is a gallon of gas in Russia?
Company Matches
| Nation | City | Price in USD Regular/Gallon |
|---|---|---|
| Russia | Moscow | $2.10 |
| Puerto Rico | San Juan | $1.74 |
| Saudi Arabia | Riyadh | $0.91 |
| Kuwait | Kuwait City | $0.78 |
What is the average price of gasoline in Caracas?
The average value for Caracas during that period was 5,000.00 Venezuelan Bolivar with a minimum of 5,000.00 Venezuelan Bolivar on 24-May-2021 and a maximum of 5,000.00 Venezuelan Bolivar on 30-Aug-2021. For comparison, the average price of gasoline in the world for this period is 397,861.33 Venezuelan Bolivar.
What is the price of octane 95 gas in Venezuela?
Venezuela: The price of octane-95 gasoline is 0.1 Venezuelan Bolivar per liter. For comparison, the average price of gasoline in the world for this period is 4.82 Venezuelan Bolivar. The chart below shows the price of gasoline in the country relative to other countries. Use the drop menu to see the prices in gallons.
How much is a gallon of gasoline in Venezuela 2021?
Venezuela Gasoline prices, liter, 12-Jul-2021 Venezuela Gasoline prices Liter Gallon VEF 5,000.000 18,927.050 USD 0.020 0.076 EUR 0.017 0.064
What is the price of gasoline in Enen de es ru?
EN DE ES RU. Venezuela: The price of gasoline is 0 U.S. Dollar per liter. For comparison, the average price of gasoline in the world for this period is 1.10 U.S. Dollar. The chart below shows the price of gasoline in the country relative to other countries.