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 | Log in to see details |
| Composition | Log in to see details |
| Size | 156 × 69 mm |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | BANCO CENTRAL DE VENEZUELA 500 QUINIENTOS BOLÍVARES |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Watermark portrait in the reserved zone on both faces; embedded security thread running vertically through the note. |
| Variants | Log in to see details |
| Comments |
Venezuela's hyperinflationary collapse was already well underway by 2018 — the official annual inflation rate that year exceeded one million percent by some estimates. A 500 bolívar note, which would have been a significant denomination just years earlier, was essentially worthless within weeks of issue. The Banco Central de Venezuela continued printing and issuing notes like this one even as the government simultaneously introduced the bolívar soberano in August 2018, rendering the entire bolívar fuerte series obsolete almost immediately.
The relatively modest print run of just over 12 million reflects not fiscal restraint but the practical irrelevance of the denomination by the time sheets came off the press.