Venezuela

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 continuedRead More…

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 continuedRead More…

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 continuedRead More…

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 1Read More…

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.Read More…

Courtesy of Ivan Bogdanov (bonistics.org) and Michael Albath.Read More…

Proper 300-dpi scans requested. Courtesy of Ivan Bogdanov (bonistics.org).Read More…

Courtesy of Claudio Marana, Dario Silva, Antje Bird, Manfred Dietl, Roldan Arias Barrantes, Chris Schneider, and Vladimir Buravlev.Read More…