I Tried to Exchange $100 in Venezuela. I Failed.

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I recently hit the streets of Caracas with my local friends Gabo and Emmanuel to see if we could exchange $100 USD for local Venezuelan Bolivares. At the time when I shot this video, $100 USD was about 170 Million Bolivares, but now at the time of posting, $100 USD is about 300 million Bolivares. The currency has depreciated by almost 100%.

We spent ALL day walking into small shops, bakeries, market vendors (etc) in Caracas and unfortunately, we were only able to exchange $62... Yes, we really did have a backpack full of cash on our backs. It was wild.

The economic crisis in Venezuela is very sad and it's hard to comprehend what's happening. And how fast it's happening. I have empathy for the people here who are suffering to make ends meet, but instead of dwelling on the situation, it's been refreshing to see many of the locals being resilient and optimistic for a brighter future. I made this video to give you a glimpse of real life on the streets of Caracas because I think it's important to give you an honest perspective. I love this city and country with all of my heart - it has the BEST food, hospitality and culture in all of South America 💛💙❤️ If you're still reading this, I want you to know that I love you and thanks for supporting my channel. I pour my blood, sweat tears into making these videos and I hope they are opening up your eyes to the world. Happy Sunday and Mother's Day -- I love you, mom!

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I'm Drew Binsky and I am going to all 197 countries in the world. I make travel videos about people, culture and anything else I find interesting on the road. My ultimate goal is to inspire you to travel far and wide, because traveling is the best education that you can get and our planet is beautiful!

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