Venezuelan currency exchange control office from 1983 to 1989
Régimen de Cambio Diferencial
Agency overview
Formed
28 February 1983
Dissolved
10 February 1989
Jurisdiction
Nationwide
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The Office of Differential Exchange Regime (RECADI) was an currency exchange control system in Venezuela implemented during the government of Luis Herrera Campíns that operated between 28 February 1983 (ten days after Viernes Negro) and 10 February 1989 to regulate the delivery of foreign currency. It was established to administer a system of differential exchange rates and capital controls.
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implementation of an exchange control called "Regime of Differential Exchange" (RECADI) — operating from 28 February 1983 to 10 February 1989, and marked by serious...
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