See how everyday products have escalated in price - and how much cash locals will need to buy them

A container of margarine is pictured next to 3,000,000 bolivars

A kilogram of tomatoes is pictured next to 5,000,000 bolivars

A roll of toilet paper is pictured next to 2,600,000 bolivars

A package of pads is pictured next to 3,500,000 bolivars

A kilogram of meat is pictured next to 9,500,000 bolivars

A kilogram of carrots is pictured next to 3,000,000 bolivars

A packet of rice is pictured next to 2,500,000 bolivars

A bar of soap is pictured next to 3,500,000 bolivars

A packet of pasta is pictured next to 2,500,000 bolivars

A kilogram of cheese is pictured next to 7,500,000 bolivars

A package of corn flour is pictured next to 2,500,000 bolivars

A package of nappies is pictured next to 8,000,000 bolivars, its price at a mini-market in Caracas, Venezuela. It was the going rate at the shop in the low-income neighbourhood of Catia. All pictures by Reuters

Venezuela has devalued its currency by about 95 per cent ahead of the rollout of a new bolivar as part of a recovery plan that seeks to loosen the grip of hyperinflation on the country.

In recent weeks, goods have skyrocketed in price, leaving locals needing piles of cash to purchase household essentials.

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Read more:

Brazil to send troops after clashes at Venezuela border

Venezuela devalues currency by 95 per cent ahead of new bolivar launch

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