According to a Bloomberg article dated 1 July 2021, Venezuela plans to redenominate its currency at a rate of 1,000,000:1 (effectively removing six zeroes) as early as August 2021. The country previously redenominated at a rate of 100,000:1 on 20 August 2018, and at a rate of 1,000:1 on 1
The issued note shown above has a different security thread than that which appears on the image the bank originally released (see below). It’s possible prefix A and/or B notes are different varieties, or that the original image is a digital creation and doesn’t reflect reality. Courtesy of Michael Albath.