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1000 Bolívares
| Issuer | Banco Central de Venezuela |
|---|---|
| Year | 1994-1998 |
| Type | Standard circulation banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Mil Bolívares 1000 PRESIDENTE PRIMER VICEPRESIDENTE MARZO-17-1994 PAGADEROS AL PORTADOR EN LAS OFICINAS DEL BANCO BANCO CENTRAL DE VENEZUELA (Translation: One thousand Bolívares 1000 President First Vicepresident March 17th, 1994 To be paid to bearer at Bank's offices Central Bank of Venezuela) |
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| Protection type | Watermark |
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| Comments |
Venezuela's Banco Central began issuing this denomination amid the fallout from the February 1994 banking crisis — one of the worst financial collapses in Venezuelan history, in which roughly half the country's banking sector failed within months and the government spent an estimated 75% of GDP attempting to contain it. Inflation was running well above 70% annually by mid-decade, and a 1000 Bolívar note that felt substantial in 1994 was effectively pocket change within a few years.
Printed domestically at the Casa de la Moneda in Maracay, the series was among the last of its denomination before hyperinflationary pressure forced the introduction of far higher face values.