The Volokh Conspiracy

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Volokh Conspiracy

What's the exchange rate among pounds, bolivars and dollars?

|The Volokh Conspiracy |


A manager places the banknotes received from customers during the day into a cardboard box in Caracas, Venezuela. (Manaure Quintero/Bloomberg News)

A pound of bolivars equals a dollar.

Okay, okay, it's an old joke (I first heard it about rubles, about 20 years ago), but it seems apt.