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2 Bolívares

Issuer Banco Central de Venezuela
Year 2018
Type Standard circulation banknote
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Reverse lettering Banco Central de Venezuela DOS BOLÍVARES DOS BOLÍVARES CASA DE LA MONEDA - VENEZUELA Cotorra cabeciamarilla Cayo Sal-Parque Nacional Morrocoy
(Translation: Central Bank of Venezuela Two Bolivares Two Bolivares Yellow-headed Parrot (Amazona oratrix) Cayo Sal-Morrocoy National Park)
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Protection type Watermark, Security thread
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Comments

Venezuela's Casa de la Moneda in Maracay had been printing paper currency under extraordinary pressure for years by the time this note was produced — the country's hyperinflation was accelerating so rapidly that denominations became obsolete almost immediately after issue. A 2 Bolívares note in 2018 was functionally worthless on arrival; the monthly inflation rate that year exceeded 100 percent at its peak, and the entire Bolívar Fuerte series was replaced by the Bolívar Soberano in August 2018, just months after notes like this entered circulation.

Printing domestically rather than contracting foreign security printers was itself a political choice the Maduro government maintained even as quality and supply chain pressures mounted.

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