Venezuela launches app for FX conversion
App allows members of the public to convert prices into the new bolivar soberano
The Central Bank of Venezuela has launched an app to help members of the public convert their savings into its new currency, which was unveiled earlier this month.
The app, named Calculadora Soberana or the Sovereign Calculator, will help users to convert prices in old bolivars into the new ‘bolivar soberano’, which has ostensibly been pegged to the country’s new cryptocurrency, the petro.
In June, the central bank proposed a new currency series that would see it slash several zeroes off its
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