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20 Bolívares

Issuer Banco Central de Venezuela
Year 2018
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Currency Bolivar Soberano (2018-2021)
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Obverse description Predominantly blue with brown, yellow, and red underprint; the face bears a central vignette portrait of Simón Rodríguez, educator and tutor of Simón Bolívar, above a lower border motif of an open book. A guilloche star pattern fills the background, while a registration device combining a star and jaguar appears below the upper serial number. An intermittent metallic security strip, positioned center-left, carries the letters BCV in inverted and mirrored alternation.
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Reverse description The national crest of Venezuela appears to the left, while the central vignette presents a jaguar set against a panoramic background of Warairarepano National Park. Floral motifs frame the border design, and the denomination and park name are inscribed in the lower register.
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Comments

Venezuela's hyperinflationary collapse made most paper issues from this period economically worthless within weeks of release. By mid-2018, the official inflation rate exceeded one million percent annually, and a 20 Bolívar note represented a fraction of a U.S. cent in purchasing power almost immediately upon circulation. The government's response — a redenomination that August, cutting five zeros to create the Bolívar Soberano — rendered this note obsolete before most examples had passed through more than a few hands.

The print run of just over twelve million is modest for a circulating denomination, reflecting how rapidly the monetary system was collapsing around the printing schedule itself.

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