Bs. 1 in 1990 is worth Bs. 0.71 in 1989

Bs.

Value of Bs. 1 from 1990 to 1989

Bs. 1 in 1990 is equivalent in purchasing power to about Bs. 0.71 in 1989. The bolivar had an average inflation rate of 40.70% per year between 1989 and 1990, producing a cumulative price increase of -28.93%.

This means that prices in 1989 are 28.93% lower than average prices in 1990, according to the International Monetary Fund consumer price index.

The inflation rate in 1989 was 84.50%. The inflation rate in 1990 was 40.70%. The 1990 inflation rate is lower compared to the average inflation rate of 113.91% per year between 1990 and 2021.

⌃
Inflation from 1990 to 1989
Average inflation rate 40.70%
Converted amount
Bs. 1 base		 Bs. 0.71
Price difference
Bs. 1 base		 Bs. -0.29
CPI in 1990 985.422
CPI in 1989 700.371
Inflation in 1989 84.50%
Inflation in 1990 40.70%
Bs. 1 in 1990 Bs. 0.71 in 1989
Recent VEF inflation
Annual Rate, the International Monetary Fund CPI
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How to calculate inflation rate for Bs. 1, 1989 to 1990

Our calculations use the following inflation rate formula to calculate the change in value between 1989 and 1990:

CPI in 1989CPI in 1990
×
1990 VEF value
=
1989 VEF value

Then plug in historical CPI values. The Venezuelan CPI was 985.4218027 in the year 1990 and 700.3708619 in 1989:

700.3708619985.4218027
×
Bs. 1
=
Bs. 0.71

Bs. 1 in 1990 has the same "purchasing power" or "buying power" as Bs. 0.71 in 1989.

To get the total inflation rate for the 1 years between 1989 and 1990, we use the following formula:

CPI in 1989 - CPI in 1990CPI in 1990
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

700.3708619 - 985.4218027985.4218027
×
100
=
-29%

Frequently asked questions

How much is Bs. 1 from 1990 worth in 1989?

Bs. 1 in 1990 has about the same buying power as Bs. 0.71 in 1989, based on the consumer price index published by the International Monetary Fund. Prices in 1989 are 28.93% lower than they were in 1990.

What was the inflation rate in 1989?

The Venezuelan inflation rate in 1989 was 84.50%, measured as the change in the consumer price index from 1988 to 1989. See inflation in 1989 for more detail.

What has the average inflation rate been from 1989 to 1990?

Prices rose by an average of 40.70% per year between 1989 and 1990, a cumulative increase of 40.70%.

How is this calculated?

Divide the CPI in 1989 (700.371) by the CPI in 1990 (985.422), then multiply by the original amount: 700.371 ÷ 985.422 × Bs. 1 = Bs. 0.71. See the step-by-step formula above.

Data source & citation

Raw data for these calculations comes from the government of Venezuela's annual (CPI) as provided by the International Monetary Fund.

You may use the following MLA citation for this page: “Bs. 1 in 1990 → 1989 | Venezuela Inflation Calculator.” Official Inflation Data, Alioth Finance, 9 Oct. 2026, https://www.officialdata.org/venezuela/inflation/1990?amount=1&endYear=1989.

Special thanks to QuickChart for their chart image API, which is used for chart downloads.

in2013dollars.com is a reference website maintained by the Official Data Foundation.

Ian Webster

About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

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Inflation from 1990 to 1989
Average inflation rate 40.70%
Converted amount
Bs. 1 base		 Bs. 0.71
Price difference
Bs. 1 base		 Bs. -0.29
CPI in 1990 985.422
CPI in 1989 700.371
Inflation in 1989 84.50%
Inflation in 1990 40.70%
Bs. 1 in 1990 Bs. 0.71 in 1989