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20 000 Bolívares
| Issuer | Banco Central de Venezuela |
|---|---|
| Year | 2019 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | 156 × 69 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | República Bolivariana de Venezuela 20000 VEINTE MIL BOLÍVARES 22 DE ENERO DE 2019 PAGADEROS AL PORTADOR EN LAS OFICINAS DEL BANCO PRESIDENTE BCV PRIMER VICEPRESIDENTE BCV SIMÓN BOLÍVAR (Translation: Bolivarian Republic of Venezuela / Twenty Thousand Bolívares / 22 January 2019 / Payable to the bearer at the offices of the Bank / President BCV / First Vice-President BCV / Simón Bolívar.) |
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| Protection description | Simón Bolívar portrait and electrotype BCV; windowed security thread embedded in the paper. |
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| Comments |
Venezuela's 2019 redenomination — which lopped five zeros off the bolívar fuerte to create the bolívar soberano — barely kept pace with inflation before it too became worthless. This 20,000-bolívar soberano note was issued into an economy where the IMF estimated annual inflation exceeded one million percent at its peak. The denomination itself, substantial on paper, was eroded to near-nothing within months of printing.
Security features on this series are relatively modest given the circumstances — a reflection of procurement difficulties rather than deliberate policy, as international suppliers had become reluctant to extend credit to the BCV.