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In March 2009, the Venezuelan Bolivar/US Dollar exchange rate was 2.14. In 2019, the Venezuelan Bolivar/US Dollar exchange rate was 3289.68. Has the dollar appreciated

In March 2009, the Venezuelan Bolivar/US Dollar exchange rate was 2.14. In 2019, the Venezuelan Bolivar/US Dollar exchange rate was 3289.68. Has the dollar appreciated or depreciated? Did the Bolivar appreciate or depreciate? How does the current political and economic situation in Venezuela explain what is happening with the exchange rate?

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