Gap of 12.3%? In real P2P today we pay 23.08% over the BCV. 🚨
While they celebrate the gap coming down, on the street the dollar is bought for Bs. 969.31 and sold for 915.14. That leaves a spread of 54.17 (5.92%) and a premium of 23.08% versus the BCV of 787.52. There are 261 active offers: liquidity isn’t lacking, what’s lacking is a bolívar with respect.
The one buying today isn’t paying 12.3% more—it’s paying 23%. Don’t let office numbers fool you. The real rate is set by the market.
Before you trade, always verify the price you’re paying.
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