That appears to be about 2000USD a week. A volume of two iPhones.
edit: O.K. Apparently, that's not VEF but VES, so it should be about 8K iPhones or a volume of about 8 Million USD.
edit: O.K. Apparently, that's not VEF but VES, so it should be about 8K iPhones or a volume of about 8 Million USD.
From [1]:
> They changed the color of the bank notes and increased their denomination. Then they said they would lop off three zeros. And when that didn’t seem enough, they announced they would cut off two more.
[1] https://www.nytimes.com/2018/08/16/world/americas/inflation-...
From [1]:
> The bolívar soberano (... ISO 4217 code: VES) is the main currency of Venezuela since 20 August 2018. Since that date, it has been due to replace the bolívar fuerte (strong bolívar, sign: Bs.F., ISO 4217 code: VEF) after a transition period.
Still not sure whether a record in such an inflationary environment means very much but it's a non-trivial amount of BTC.