Catalog
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| Issuer | Banco Central de Venezuela |
|---|---|
| Year | 2020 |
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| Value | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | P#2020#0200000 |
| Obverse description | Log in to see details |
|---|---|
| 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.