On 1 October 2021, Venezuela redenominated its currency at a rate of 1,000,000:1 (effectively removing six zeroes). 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 January 2008. Old notes equal to or greater than 10,000 bolívares continued to circulate, while smaller denominations had to be exchanged at banks for newly redenominated notes.
B387 (PNL): 20 bolívares
Orange. Front (vertical): Spanish text; stars; flowers; Simón Bolívar wearing military uniform; running horse; BCV as registration device. Back: Spanish text; coat of arms; Arco de Triunfo (Arch of Triumph) in Campo Carabobo; Martín Tovar y Tovar’s painting, “Batalla de Carabobo” (Battle of Carabobo). Windowed security thread with demetalized BCV. Watermark: Simón Bolívar and electrotype BCV. Printer: CASA DE LA MONEDA-VENEZUELA. 156 x 69 mm. Paper.
a. 29 DE ABRIL DE 2021. Sig. 37: Ortega/Hernández. Prefix A. Intro: 01.10.2021.
Courtesy of Dennis Zammit.