An Adidas Adipure Crazy running shoe as photographed in a studio with an illustrative price tag of $1,198...
An Adidas Adipure Crazy running shoe as photographed in a studio with an illustrative price tag of $1,198 (US dollars), equivalent to the Bs. 7,547 (bolivars) a pair of them costs on average to purchase in Caracas at the official exchange rate of 6.3 bolivars per dollar, in Caracas September 29, 2014. While the government of President Nicolas Maduro calls the country's minimum wage of Bs. 4,252 the highest in the region when converted to $675 using the official exchange rate, the galloping black market for currency considers it as just $42.50 when converted at the street rate of Bs. 100 per US dollar, the rate which many importers and retail outlets must use to acquire hard currency. REUTERS/Carlos Garcia Rawlins