World of Warcraft Gold Now Worth More Than Venezuelan Currency

Last month, Venezuelan twitter user @KalebPrime sent a tweet that helps put Venezuela's ongoing economic crisis in terms gamers can understand. The value of the Bolivar, the national currency, has fallen below that of gold in World of Warcraft. At the time of the July 14 tweet, the price of WoW gold stood at 8385 per US Dollar. The market exchange rate of the Bolivar stood at 8494 per US Dollar!

The WoW gold value was calculated using the $20 game time token that players can freely trade for gold via the in-game auction house. What's especially striking about these figures is how quickly things went south for the Bolivar. Just this May, $1 would only cost you 279 Bolivars.

Since KalebPrime's initial tweet, things have only gotten worse in Venezuela. It now takes ~11,185 Bolivar to buy just $1. You can follow the plight of the Bolivar at dolartoday.com, a Spanish language site that tracks black the market exchange rate.

The real lesson to draw from this story is the value of hard money. In times of crisis, don't count on government controlled paper money. Only WoW gold can save you from the next Socialist Revolution!

Further Reading: The Blaze Article

  • Mario Maxwel

    ofc is gonna worth less..this is the next country US try to destroy after russians start to stop them in middle east

    • Radu Linie

      you sir are an idiot😁

  • Oh man that old Ni Hao gold farming video is a classic!

  • Svetlana Mojevna

    LOL