IndicadorEX, is an application, developed to provide updated information on the Venezuelan market with regard to the Bolivar (VES) / US Dollar (USD) pair, highlighting the fact of offering information on more than 30 unofficial indicators, 17 official indicators, and an unofficial average.
As an informative financial tool, IndicadorEX is reinforced with the possibility of carrying out conversion calculations based on the financial information given by each of the indicators, allowing to know the value of the conversions between Bolívares (VES) and United States Dollars (USD), including in addition to Bitcoin (BTC), due to its importance and contemporary importance in the Venezuelan market.
It should be noted that the information on the indicators is taken directly from the social networks of both Twitter and Instagram accounts, managing to group these 48 indicators into two groups, the unofficial (31) and the official (17). The group of unofficial indicators are made up of border exchange houses, averages, web portals, payment processors and alternative purchase and sale platform, reaching the following:
1. Akryptos
2. Amazon.
3. AstroPay.
4. Bolívar Cúcuta.
5. Quotes.
6. CryptoCash.
7. Cúcuta dollar.
8. Lido dollar.
9. Middle dollar.
10. Dollar Today.
11. Dollar Today BTC.
12. True dollar.
13. In Parallel Venezuela.
14. Intermoney.
15. LocalBitcoins.
16. The Benjamins VE.
17. MKambios.
18. Monitor Dollar Venezuela.
19. Monitor Venezuela Dollar 2.
20. MoviCambios.
21. Neteller.
22. Payeer.
23. Payoneer.
24. Paypal.
25. PerfectMoney.
26. Average VE Dollar.
27. Skrill.
28. The AirTM.
29. Your Dollar VE.
30. Uphold.
31. Yadio.
On the other hand, the official indicators, are integrated by the system of Banks (private and public) that have been previously authorized by the Government and by the Central Bank of Venezuela, to serve as Exchange Tables, additional to the exchange houses and Remittance systems (Italcamb, Zoom Remittances, and Insular Changes).
In addition, due to the national reality, IndicadorEX includes the possibility of integrating in the conversion calculations, 17 currencies that are considered of first importance for Venezuelans who are abroad, and need to know the Venezuelan financial reality to confront it with that of their countries of origin, to make accurate calculations at the time of sending remittances, because the app allows to know simultaneously both the value in Bolívares and in US Dollars and in the following currencies (national currencies):
1. ARS, Argentine Pesos (Argentina).
2. BOB, Bolivianos (Bolivia).
3. BRL, Brazilian Royals (Brazil).
4. CAD, Canadian Dollars (Canada).
5. CLP, Chilean Pesos (Chile).
6. COP, Colombian Pesos (Colombia)
7. CRC, Costa Rican Colones (Costa Rica).
8. CUB, Cuban Pesos (Cuba).
9. PDO, Dominican Pesos (Dominican Rep.).
10. EUR, Euros (Europe).
11. GTQ, Guatemalan Quetzales (Guatemala).
12. HNL, Honduran Lempiras (Hondura).
13. MXN, Mexican Pesos (Mexico).
14. NIO, Nicaraguan Cordobas (Nicaragua).
15. PEN, Peruvian Soles (PEN).
16. PYG, Guaraní (Paraguay).
17. UYU, Uruguayan Pesos (Uruguay).
As an added value, and thanks to our PWA-based design, the users of the app do not need to update the app, since it is automatically updated with the improvements that are constantly made to the system.
It is important to note that the app updates the unofficial indicators from Monday to Friday, twice a day, the official indicators once a day, and the relations between the US Dollar and the 17 currencies that make up the app, once a day.
In this way, IndicadorEX, reaches the Venezuelan market, offering a multipurpose financial tool of great significance for those who want to keep updated on prices, relationships and conversions.