McDonald’s Is Charging $126 For A Large Fries In Venezuela

McDonalds French Fries

McDonald’s is bringing back its famous fries to Venezuela but most people won’t be able to afford them.

A regular order will cost approximately $79 — 500 bolivars — according to the country’s strongest exchange rate.

A large fry will run 800 bolivars or $126.

At Venezuela’s black-market rate, these prices would equal just $0.64 for the regular and $1.15 for the large, according to Fusion.

But at the black-market exchange rate, Venezuela’s minimum wage is only about $13 per month.

“Venezuela seems to be going from worse to worse,” RBC Capital Markets’ Helima Croft wrote this summer.

$126 fries definitely seem like a turn for the worse.

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Written by Peter Mondrose

Peter Mondrose

Peter Mondrose is the Editor-In-Chief at BusinessPundit. He received his degree in Economics in 1998 and a second degree in Journalism in 2004. He has served as a financial adviser, market trader, and freelance journalist for the last 11 years. When he's not investigating market conditions and reporting on workplace news, he can be found traveling with his wife, dog, and laptop. He can be reached at PeterMondrose@BusinessPundit.com or (929) 265-0240.