Talk:Viernes Negro

Venezuela Mid‑importance

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Economics Low‑importance

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A fact from Viernes Negro appeared on Wikipedia's Main Page in the Did you know column on 26 April 2019 (check views). The text of the entry was as follows:

Did you know... that Venezuela's economy still has not recovered from Black Friday in 1983?

A record of the entry may be seen at Wikipedia:Did you know archive/2019/April. The nomination discussion and review may be seen at Template:Did you know nominations/Viernes Negro.

Wikipedia

devalue the bolívar by 100%

Cited article uses misleading terminology. Devaluing something by 100% means it lost all of its value. Even if exchange rate (amount of bolivars to buy 1 US dollar) did double it means the bolivar lost half (50%) of its value, or "devalued by 50%". However according to https://bfi.uchicago.edu/wp-content/uploads/The-Case-of-Venezuela_2.pdf "the goverment ... devalued the exchange rate to 7.5 bolivares per US dollar". And https://www.nytimes.com/1983/03/01/business/venezuela-curbs-prices-and-exchange-rates.html says "Exchange houses in Caracas were offering dollars for 8.10 bolivars". And finally https://acn.com.ve/40-anos-viernes-negro-primera-gran-devaluacion shows the change from 4.3 to 7.5 rate is a devaluation of "-42,66%". --Shrddr (talk) 09:08, 8 December 2025 (UTC)[reply]

Added dubious tag on this. Sai ¿?✍ 09:59, 21 March 2026 (UTC)[reply]

Wording

@Kingsif: Sorry! I think I must have missed an "a". Herrera Campins' original quote was "Recibo un país hipotecado" and it was said during his inauguration. At the end both wordings have the same meaning, but I thought the text could be a little bit more specific. --NoonIcarus (talk) 23:27, 15 August 2021 (UTC)[reply]