Venezuelan Bolivar (A). The Venezuelan govemment officially floated the Venezuelan bolivar (Bs) in February 2002. Within weeks, its value had moved from the pre-float fix of Bs778/S to Bs1,025/$. a. Is this a devaluation or a depreciation? b. By what percentage did the value change? a. Is this a devaluation or a depreciation? (Select from the drop-down menu.) This is a case in which a government has changed its currency from a govemmentally determined fixed rate, to a regime in which the currency is allowed to change in value based on supply and demand forces in the market. As a result of the move, the currency's value in this case was a "depreciation" against the U.S. dollar b. By what percentage did the value change? The percentage devaluation is %. (Round to two decimal places.)