According to a Spanish-language press release, the Central Bank of Venezuela intends to gradually introduce six new banknotes and three coins beginning with a 500-bolívar note on 15 December 2016. The circulation of the new notes of Bs. 500, Bs. 1,000, Bs. 2,000, Bs. 5,000, Bs. 10,000 and Bs. 20,000Read More…

According to an article on Bloomberg/Quint dated 1 December 2016, Venezuela will introduce new 500- and 5,000-bolívar notes mid-January 2017, with additional denominations of 1,000, 2,000, 10,000 and 20,000 bolívars to enter circulation in the first half of 2017. The exact timing of the introduction and the makeup of theRead More…

According to an article in The Wall Street Journal dated 31 October 2016, “Earlier this month, Venezuela’s central bank awarded Boston-based securities printer Crane Currency the largest part of a contract for new bill denominations needed to keep up with triple-digit inflation, according to people involved in contract negotiations.” CheckRead More…