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200.000 Bolívares

Issuer Banco Central de Venezuela
Year 2020
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Reference(s) P#2020#0200000
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Obverse lettering República Bolivariana de Venezuela
200 MIL BOLÍVARES
3 DE SEPTIEMBRE DE 2020
PAGADEROS AL PORTADOR EN LAS OFICINAS DEL BANCO
PRESIDENTE BCV
PRIMER VICEPRESIDENTE BCV
Reverse description The reverse is dominated by a vignette of the Mausoleo del Libertador Simón Bolívar in Caracas, rendered with fine line engraving against a light guilloche background, accompanied by the Venezuelan coat of arms at the left. The issuer inscription 'Banco Central de Venezuela' runs across the top, while the denomination '200 MIL BOLÍVARES' appears in bold numerals at the lower right. A multicoloured latent-image security band is visible at the right edge.
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Comments

Venezuela's 2020 redenomination — which lopped six zeroes off the bolívar fuerte to create the bolívar soberano — had already rendered high-denomination notes like this one a product of its own failure. The 200,000 bolívar soberano note appeared as hyperinflation continued to accelerate past the point where any printed denomination could keep pace with daily prices. By the time notes of this face value entered circulation, they were worth fractions of a US dollar.

Printed domestically, the series relied on basic security features at a moment when Venezuela's own currency-printing infrastructure had been severely strained by years of economic collapse and supply shortages.

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