Venezuelan central bank launches app to aid currency reconversion

bolivar
Central Bank of Venezuela

The Central Bank of Venezuela has launched an app to help members of the public convert their savings into its new currency, which was unveiled earlier this month.

The app, named ‘Calculadora Soberana’, or the ‘Sovereign Calculator’, will help users to convert prices in old bolivars to the new ‘bolivar soberano’, which has ostensibly been pegged to the country’s new cryptocurrency – the petro.

In June, the central bank proposed a new currency series that would see the central bank slash severa

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: