—Venezuela — The BCV rate sits near 749 VES per US$ against a parallel rate near 845, a gap of about 13%, in a heavily dollarised economy. —The habit — Always choose to be billed in the local currency and decline dynamic currency conversion at the terminal. For Venezuela and, to a lesser degree, Bolivia, it is still worth checking the local parallel rate before you convert. Why is US dollar cash so useful in Venezuela? There is also still a meaningful gap between the official BCV rate, near 749 VES per US$, and the parallel rate, near 845, of about 13%.