500 Bolívares

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.