Venezuelan Bolivar (A). The Venezuelan government officially floated the Venezuelan bolivar (Bs) in February 2002. Within weeks, its value had moved from the pre-float fix of Bs781= $1.00 to Bs1,021 = $1.00 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 governmentally determined fixed rate. to a redime in which the currenev is allowed to chance in value based on subolv and demand