Venezuela měny petro to inr

INR to VES Converter : Convert 1 Rupee or any amount of Indian Rupee to Venezuelan Bolívar by the help of Goodreturns free currency exchange rate

May 21, 2019 · In 2018, the state-backed cryptocurrency Petro (PTR) was released as a means to advance Venezuela’s monetary sovereignty. Backed by the country’s oil, gasoline, gold, and diamond supply, it was intended to be a new means of international financing. Feb 23, 2018 · On February 20, 2018, Venezuela has launched the “Petro” (PTR), a government-made and controlled cryptocurrency, based on Venezuela’s huge petrol reserves of about 301 billion barrels of petrol. The Petro’s value will fluctuate with the market price of petrol, currently around US$61 per barrel of crude.

22.01.2021

North American Edition. The dollar has traded more mixed today, with the pound and dollar bloc holding their own. The DXY dollar index has edged out a fresh two-month high, this time at 91.60, in what is its fifth consecutive up day, underpinned by an improving yield advantage relative to the euro and other peers (with UK gilt yields being the main exception). Petro was created so that Venezuela could bypass the dominance of the US Dollar and find alternate means of pumping some money in their cash-strapped economy. However, it appears that the plan is failing as Petro is yet to find any major backers in the international markets who are willing to use it for large-scale international transactions. Venezuela raises petrol prices for the first time in 20 years as part of a series of measures aimed at easing an economic crisis.

Historical Exchange Rates For Venezuelan Bolívar to Indian Rupee 0.0000400 0.0000640 0.0000880 0.0001120 0.0001360 0.0001600 Oct 26 Nov 10 Nov 25 Dec 10 Dec 25 Jan 09 Jan 24 Feb 08 120-day exchange rate history for VES to INR Quick Conversions from Venezuelan Bolívar to Indian Rupee : 1 VES = 0.00004 INR

Sep 14, 2017 · Caracas, Venezuela – In what is the latest move to undermine the imperial world order maintained by the United States, which is underpinned through use of the petrodollar as the world reserve currency, the Wall Street Journal reports that Venezuelan President Maduro has officially followed through on his threat to stop accepting US Dollars as payment for crude oil exports in the wake of Petro přináší hodně.“ Závěr. Projekt Petro, národní „kryptoměny“ Venezuely, byl oznámen venezuelským prezidentem v říjnu 2017. Samotný prodej pak začal v únoru roku 2018.

Venezuela went off gold in 1930, and in 1934, the bolívar exchange rate was fixed in terms of the U.S. dollar at a rate of 3.914 bolívares = 1 U.S. dollar, revalued to 3.18 bolívares = 1 U.S. dollar in 1937, a rate which lasted until 1941.

To by znamenalo, že hodnota celé emise petra bude May 01, 2018 · Venezuela signed a deal with India’s CoinSecure exchange to add Petro on their exchange to be traded with Bitcoin and INR. 30% discount on oil, is a very saleable headline. Unfortunately the article focused more on Coinsecure deal, rather than the feasibility of oil discounts. Apr 08, 2019 · Venezuela was already - had oil production that was falling and declining very quickly. So there were already a lot of problems. At the same time, a lot of other petro states - Kuwait, Brazil even Venezuela legally allows and encourages the use of petro for virtually any payment including oil trade, taxes, fees, real estate, gasoline, flights and more.

The petro’s first pre-sale was carried out on February 20, 2018 with 38.4 million tokens available on the market. Oct 04, 2018 · “Lol Venezuela’s new petro token is an outright Dash clone,” tweeted Ethereum developer Joey Zhou. Besides, the petro is never again upheld completely by a barrel of oil. Rather, it is presently sponsored by 50 percent oil, 20 percent gold, 20 percent iron, and 10 percent jewel, the new whitepaper points of interest.

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"Available information indicates that, once issued, the Petro digital currency would appear to be an Jan 11, 2018 Venezuela went off gold in 1930, and in 1934, the bolívar exchange rate was fixed in terms of the U.S. dollar at a rate of 3.914 bolívares = 1 U.S. dollar, revalued to 3.18 bolívares = 1 U.S. dollar in 1937, a rate which lasted until 1941. Sep 27, 2020 Venezuela plans to use state resources to distribute crypto wallets to young people and airdrop petro, inadvertently introducing them to the world of bitcoin. May 28, 2019 Feb 07, 2019 Feb 21, 2018 The interesting thing is that the Supreme Court set the official compensation amount at 266 Petros rather than the old local currency. The move is a clear indicator that the country’s judicial system now recognizes petro as legal tender. Venezuela’s Supreme Court fully acknowledges the Petro cryptocurrency Mar 13, 2018 Feb 20, 2018 May 21, 2019 The Venezuelan Government has repriced its national cryptocurrency, the Petro, from 3,600 to 9,000 sovereign bolívars ($150).

Its leadership has destroyed the economy, even though the country enjoys larger oil Well, Venezuala is one such country, wherein you have to shell out just Rs 0.58/litre of petrol (In INR); isn’t that way too cheap? Source On the contrary, there are some European countries, wherein a litre of petrol costs over 2 dollars. Venezuela Region South America Sub-Unit 1 Bs.S = 100 céntimo Symbol Bs.S. The Venezuelan bolívar soberano is the new currency of Venezuela since August 20, 2018. The old bolivar fuerte was redenominated at the rate of 1 VES = 100000 VEF. The name "bolívar soberano" is literally translated as "sovereign bolívar" VES Exchange Rates; Banco Bolivar, Venezuelský bolivar fuerte VEF, kurzy měn bolivar.

On February 20, 2018, Venezuela has launched the “Petro” (PTR), a government-made and controlled cryptocurrency, based on Venezuela’s huge petrol reserves of about 301 billion barrels of petrol. Feb 26, 2019 · Nicolás Maduro, on December 3, 2017, unveiled the petro as a means to evade US sanctions and provide Venezuela with a stable currency. The petro’s first pre-sale was carried out on February 20, 2018 with 38.4 million tokens available on the market. Oct 04, 2018 · “Lol Venezuela’s new petro token is an outright Dash clone,” tweeted Ethereum developer Joey Zhou. Besides, the petro is never again upheld completely by a barrel of oil. Rather, it is presently sponsored by 50 percent oil, 20 percent gold, 20 percent iron, and 10 percent jewel, the new whitepaper points of interest. Dec 04, 2017 · Caracas, Venezuela – With Bitcoin soaring to new record high daily, Venezuelan President Nicolas Maduro announced Sunday that in an effort to bypass U.S.-led financial sanctions Venezuela would launch a digital cryptocurrency backed by oil.

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Apr 08, 2019

Apr 08, 2019 · Venezuela was already - had oil production that was falling and declining very quickly. So there were already a lot of problems. At the same time, a lot of other petro states - Kuwait, Brazil even Venezuela legally allows and encourages the use of petro for virtually any payment including oil trade, taxes, fees, real estate, gasoline, flights and more. It is not actually possible to purchase anything with petros, none have been issued; there has never been a single purchase of any kind whatsoever, by anyone, using the petro." KuCoin Futures – Get $5 Bonus for Free Get $5 trial funds by depositing $100 into KuCoin Futures, and trade BTC & Alts with up to 100x leverages.

Petro is made with the aim for Venezuela to have acces to international financing despite sanctions. Petro is backed by the oil reserves of Venezuela and is build on the NEM blockchain. British Pound Sterling (GBP) Australian Dollar (AUD) …

Besides, there are airlines refusing to travel back because of large debts the government maintains with some of them.

It is currently projected to reach 10 million by the end of 2019 according to the latest IMF economic forecast. Bitcoin is becoming more popular as the Petro crypto flops. Aug 21, 2018 · Venezuela has moved a step closer to overhauling all disparate exchange rates as it seeks to peg everything to its new cryptocurrency, El Petro. The country’s president Nicolas Maduro has already announced a single exchange rate for the Petro cryptocurrency that is to be used for paying salaries pensions as well as other goods.