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Dozens of people sheltered from the sweltering sun at the entrance of Cucuta's Ventura Plaza shopping center in a long line, waiting to collect the remittances sent from family members living abroad. The cash withdrawals are a necessity for those looking to continue their exodus to other countries or those who simply need to buy basic staples. This is one of the many interminable lines of waiting Venezuelans that have permeated the landscape of the Colombian border city in the recent months. Milainny Torres waited nervously at the end of a line with about 50 fellow Venezuelans, two hours before the Western Union closed for the day. It's better to travel here and buy everything than to work in Venezuela, where money is worth nothing,' she explained. Later in the day, Jose Leon dozed off while sitting on his suitcases. Read more - Venezuela: A country in meltdown. The sending of remittances to the northeastern Colombian state of Norte de Santander and its capital, Cucuta, has doubled in the last year. Both countries top the list of sent remittances and the sums from these and all other countries have increased, except those from Venezuela. The rapid rise in remittances may be due to an increase in Venezuelan family members living abroad. Absent official data from the Venezuelan government, it is difficult to calculate the Venezuelan exodus, but it is estimated to be in the millions. According to the International Organization for Migration, , Venezuelans left the country in In Colombia alone, some , Venezuelans arrived in , an increase of percent compared to Cucuta sees itself as overwhelmed by the massive increase in financial operations. The city only counts seven cash points: six Western Union offices and the regional Financiera Pagos Internacionales. The large and growing gap between the official and black market exchanges of Venezuelan currency have made the remittances from Colombia rise dramatically in contrast to those in Venezuela. If a person needs to exchange one US dollar in Venezuela, he or she would receive 11, Venezuelan bolivares at the official exchange rate set and controlled by the government. Withdrawing one US dollar in Cucuta yields 2, Colombian pesos, which on the black market can be exchanged for , bolivares, according to the parallel exchange rate calculator DolarToday. Read more - 5 things to understand about oil-rich, cash-poor Venezuela. The exchange of bolivares to Colombian pesos has fallen dramatically since Back then, one bolivar could be exchanged for 70 pesos, while today it is valued at 0. The bolivar is just wet paper,' complained an elderly man while waiting in line. For this reason, most people who withdraw their remittances in Cucuta spend the money there. They use it to buy basic products or for transportation tickets to other destinations. Even in Venezuela, more and more businesses in border cities are starting to accept only Colombian pesos instead of the local currency. The Venezuelan government has tried to tackle capital flight and combat what it considers an 'economic attack' from neighboring Colombia. Early last year, Venezuelan President Nicolas Maduro established a currency exchange opportunity at the border. Under the plan, citizens would be able to exchange their pesos for bolivares at a rate three times higher than they can in Cucuta. When hundreds of people attempted to do this, the authorized Venezuelan exchange house Italcambio told them they needed to withdraw the money from Titan Intercontinental, a financial institution in Cucuta. Titan Intercontinental told customers that it had no information on this new system, and those who managed to receive any money received it at a lower exchange rate than had been promised under the plan. In June of , the Venezuelan government attempted another program that would award Venezuelans foreign currency through a lottery system every two weeks, since foreign currency exchange within Venezuela has been under the control of the state since For three months, hundreds of Venezuelans crowded ATM machines to withdraw as many US dollars as possible, sometimes until the bills ran out. By September, President Maduro suspended the program, at the same time that US sanctions were leveled against his government. The government then reopened the program last week and the first allotments took place this week. It is possible that the rush to obtain currency, as much of it as possible, will occur again. Despite government efforts, the bolivar to Colombian peso exchange continues to sink. The increase in remittances and exchanges has also created a black market for these transactions in Cucuta in recent months. Tensions boiled over in October , when authorized exchange houses ceased their operations to protest the uncontrolled black market exchanges and demand authorities act. The move managed to extinguish the street-corner cash vendor operations, but a new black market surged. In it, pesos or US dollars are exchanged and transferred directly to customers' Venezuelan bank accounts from the Venezuelan bank accounts of unauthorized exchange agents. Read more - Venezuela: Democracy under fire. The Direccion de Impuestos y Aduanas Dian , the Colombian tax and customs agency, began conducting investigations and raids in an effort to enforce currency exchange controls. Between and , some 63 unauthorized exchange operations were being prosecuted and some million pesos in fines have been applied. Dian's Maria Pierina spoke to DW about the situation. DW accompanied one of Dian's operations, where dozens of police agents descended on two illicit exchange houses. One was in a tiny booth inside a hardware store and another in a small back office of a clothing shop. At the hardware store, the owner had just recently finished his day's work and no money was found. At the clothing shop, inspectors uncovered drawers full of cash, counted the bounty, and informed the owner of the penalties she faced. The Colombian woman cried as she lamented the raid, saying she was trying to transition her illicit operation into a legal business. I pay 2 million pesos in rent, , in electricity and I barely make , pesos a day. This affects me a lot because I am now losing everything and I don't even have the money to pay the fine,' she explained. The woman added that she 'had no intention' of committing fraud or stealing from the government. The windows of the small shop were covered in advertisements. One read 'professional currency trader,' another read 'transfers to all Venezuelan banks' and another just simply said 'Bolivares, bolivares. Latest videos Latest audio. Latest audio Latest videos. In focus. Venezuelans make money from nothing To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video. US weighs extending sanctions to Venezuela oil industry The US could broaden existing sanctions against Venezuela to cover the South American country's important oil industry. UN chief offers Colombia help with Venezuela migration crisis. UN chief offers Colombia help with Venezuela migration crisis Colombia's president has warned of an unfolding 'humanitarian crisis' on the border with Venezuela. Nearly half a million Venezuelans have fled to Colombia to escape economic deprivation and a crackdown on dissent. Venezuela calls early election, Maduro to seek second term. Venezuela calls early election, Maduro to seek second term Venezuela's Constituent Assembly has backed plans for a presidential election before April 30, months ahead of schedule. But neighboring countries say the move to allow Nicolas Maduro a second term lacks legitimacy. Show more stories. Related topics.

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