Bs. 1 in 2000 is worth Bs. 0.86 in 1999

Bs.

Value of Bs. 1 from 2000 to 1999

Bs. 1 in 2000 is equivalent in purchasing power to about Bs. 0.86 in 1999. The bolivar had an average inflation rate of 16.20% per year between 1999 and 2000, producing a cumulative price increase of -13.94%.

This means that prices in 1999 are 13.94% lower than average prices in 2000, according to the International Monetary Fund consumer price index.

The inflation rate in 1999 was 23.60%. The inflation rate in 2000 was 16.20%. The 2000 inflation rate is lower compared to the average inflation rate of 158.83% per year between 2000 and 2021.

⌃
Inflation from 2000 to 1999
Average inflation rate 16.20%
Converted amount
Bs. 1 base		 Bs. 0.86
Price difference
Bs. 1 base		 Bs. -0.14
CPI in 2000 36,084.996
CPI in 1999 31,054.213
Inflation in 1999 23.60%
Inflation in 2000 16.20%
Bs. 1 in 2000 Bs. 0.86 in 1999
Recent VEF inflation
Annual Rate, the International Monetary Fund CPI
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How to calculate inflation rate for Bs. 1, 1999 to 2000

Our calculations use the following inflation rate formula to calculate the change in value between 1999 and 2000:

CPI in 1999CPI in 2000
×
2000 VEF value
=
1999 VEF value

Then plug in historical CPI values. The Venezuelan CPI was 36084.9956 in the year 2000 and 31054.21308 in 1999:

31054.2130836084.9956
×
Bs. 1
=
Bs. 0.86

Bs. 1 in 2000 has the same "purchasing power" or "buying power" as Bs. 0.86 in 1999.

To get the total inflation rate for the 1 years between 1999 and 2000, we use the following formula:

CPI in 1999 - CPI in 2000CPI in 2000
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

31054.21308 - 36084.995636084.9956
×
100
=
-14%

Frequently asked questions

How much is Bs. 1 from 2000 worth in 1999?

Bs. 1 in 2000 has about the same buying power as Bs. 0.86 in 1999, based on the consumer price index published by the International Monetary Fund. Prices in 1999 are 13.94% lower than they were in 2000.

What was the inflation rate in 1999?

The Venezuelan inflation rate in 1999 was 23.60%, measured as the change in the consumer price index from 1998 to 1999. See inflation in 1999 for more detail.

What has the average inflation rate been from 1999 to 2000?

Prices rose by an average of 16.20% per year between 1999 and 2000, a cumulative increase of 16.20%.

How is this calculated?

Divide the CPI in 1999 (31,054.213) by the CPI in 2000 (36,084.996), then multiply by the original amount: 31,054.213 ÷ 36,084.996 × Bs. 1 = Bs. 0.86. 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 2000 → 1999 | Venezuela Inflation Calculator.” Official Inflation Data, Alioth Finance, 9 Oct. 2026, https://www.officialdata.org/venezuela/inflation/2000?amount=1&endYear=1999.

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 2000 to 1999
Average inflation rate 16.20%
Converted amount
Bs. 1 base		 Bs. 0.86
Price difference
Bs. 1 base		 Bs. -0.14
CPI in 2000 36,084.996
CPI in 1999 31,054.213
Inflation in 1999 23.60%
Inflation in 2000 16.20%
Bs. 1 in 2000 Bs. 0.86 in 1999