How to Use bolivar in a Sentence

bolivar

noun

• In the area around the mines, gold has replaced the near-worthless bolivar, with even the cost of a haircut quoted in gold.
  — Vasco Cotovio, CNN, 20 Aug. 2019
• More than a year ago, one US dollar went for about 3,100 bolivares.
  — Andrea Diaz, CNN, 8 May 2018
• At that rate, the largest denomination bill, the 100 bolivar note, is less worth than a cent.
  — Jim Wyss, miamiherald, 21 Feb. 2018
• Cano said a family needs at least one million bolivares a month to put food on the table.
  — Cody Weddle and Jim Wyss, miamiherald, 19 May 2017
• The Venezuelan bolivar has lost almost all of its value since 2007.
  — Mike Bird, WSJ, 23 Apr. 2018
• Delta Air Lines Inc. has also written down the value of past Venezuelan sales in bolivars.
  — Andrea Wong and Jonathan Gilbert, chicagotribune.com, 5 June 2017
• The salary increase ordered by Maduro will simply put more bolivares in the hands of consumers, who will rush to buy the few products available in stores and thereby drive prices even higher.
  — Antonio Maria Delgado, miamiherald, 2 May 2018
• By those calculations, World of Warcraft virtual gold would be worth 6.8 times as much as the bolivar.
  — Chris Morris, Fortune, 7 May 2018
• In the past week, the bolivar has lost 42% of its value against the dollar on the black market, prompting shopkeepers to change prices daily in a country with the world’s highest inflation rate.
  — Ryan Dube, WSJ, 4 Aug. 2017
• The value of the bolivar has plunged in value amid skyrocketing inflation in Venezuela.
  — Chris Morris, Fortune, 1 Aug. 2017
• Venezuela's bolivar has lost most of its value due to the country's hyperinflation.
  — Jim Wyss, miamiherald, 20 June 2018
• Each collector item produced by Richard Segovia fetches between $10 and $15 — a huge markup from the pennies that bolivars retrieve on Venezuela’s black market.
  — Washington Post, 6 Mar. 2018
• However, Venezuela’s 88%-a-month inflation will halve the bolivar’s spending power in less than two months.
  — Simon Constable, WSJ, 9 Dec. 2018
• Only a small, well-off minority of Venezuelans can afford to buy much food on the black market, where a pound of rice imported from Brazil or Colombia sells for about 6,000 bolivars.
  — Mariana Zuñiga, Washington Post, 22 May 2017
• Venezuelan bolivars acquired on the black market could then be used to buy back dollars at the government rate, allowing the people involved to reap massive profits.
  — José De Córdoba, WSJ, 23 Aug. 2018
• With no debit card machines working, and few people carrying the vast quantities of bolivars needed to buy goods, the greenback became the primary means of...
  — Santiago Pérez, WSJ, 25 Mar. 2019
• Then, to try to wish away the resulting inflation, the regime instituted a series of price and currency controls that told businesses what they were allowed to charge, and what the bolivar was supposed to be worth.
  — Matt O'Brien, Twin Cities, 8 June 2017
• Buying common items such as toilet paper, or paying a taxi driver, requires stacks of the official currency, called the bolivar.
  — Associated Press, Houston Chronicle, 15 Dec. 2017
• With inflation running in excess of 700 percent and the bolivar currency in free fall, finding food and medicine in Venezuela has become a frustrating, time-consuming task.
  — Jim Wyss, miamiherald, 22 Sep. 2017
• Maduro set the new monthly minimum wage at 1,800 sovereign bolivars, the new currency that goes into effect Monday.
  — Fox News, 17 Aug. 2018
• People with jobs that pay them in US dollars or other foreign or cryptocurrencies live in a different reality than those who are paid in bolivars.
  — Cady Voge, WIRED, 22 Mar. 2018
• Unlike Venezuela’s official currency, the bolivar, the petro exists online only and is not regulated by the central bank.
  — Fabiana Sofia Perera, Washington Post, 26 Feb. 2018
• Already near-worthless, the local currency — the bolivar — continued to collapse, with its black-market rate against the dollar falling nearly 10 percent overnight.
  — Anthony Faiola, Washington Post, 1 Aug. 2017
• The trend is sparking a growing inequity between Venezuelans with dollars and those stuck with an increasingly worthless local currency, the bolivar.
  — Santiago Pérez, WSJ, 25 Mar. 2019
• According to court documents in the Krull case, the conspiracy involved the use of Venezuela’s two-tiered currency-exchange system in which dollars bought far more bolivars on the black market than at the official government rate.
  — José De Córdoba, WSJ, 23 Aug. 2018
• The convening of the constituent assembly comes as Venezuela’s bolivar currency collapses and the government continues a crackdown on the opposition, which pledged to hold a march on Friday.
  — Ryan Dube, WSJ, 4 Aug. 2017
• Venezuela could effectively default on its petro obligations by choosing an exchange rate between oil and bolivars that is far out of line with market realities.
  — Timothy B. Lee, Ars Technica, 22 Feb. 2018
• Economists say simply chopping zeros off the bolivar notes is unlikely to halt hyperinflation, since the government would still be printing reams of cash.
  — Rachelle Krygier, Washington Post, 23 Mar. 2018
• At the same time, socialist authorities are looking the other way as the greenback has replaced the worthless local currency, the bolivar, as an accepted form of payment for purchasing even a slice of pizza.
  — Washington Post, 12 Aug. 2019
• An almost 1,000 percent rise came in Venezuela, where bitcoin provided a way to skirt the government’s tightening controls on access to U.S. dollars and spiraling inflation that slashes the value of the bolivar.
  — Fortune, 14 Dec. 2017

Last Updated: 9 Jun 2024