Many have heard about Venezuela’s crisis going on right now with their government and all the turmoil. What people don’t realize is how much inflation is hurting their currency.
One year ago, the exchange rate was $1 USD for $9.97 VEF. While that was a pretty high conversion rate, it wasn’t terrible for their country. Currently the conversion rate is $1 USD for $248,519.95. So with just $4.02 and a bank that will exchange the currency, you can become a millionaire.
And maybe they will regain stable economical status and bring the conversion rate back down to the ~$10 mark. Then you can exchange it back to the USD for a huge profit.