Catalog
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| Issuer | Banco Central de Venezuela |
|---|---|
| Year | 2018 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Bolivar Soberano (2018-2021) |
| Composition | Log in to see details |
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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. |
|---|---|
| Obverse lettering | Log in to see details |
| 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.