Valid banknotes in Venezuela! From the information that was published in Official Gazette Under the number 42,952, the 20, 50 and 200 thousand sovereign Bolivar banknotes will cease to be issued on September 25, 2024. It is important to highlight which banknotes are valid for use by the population.
Likewise, on Friday, August 16, the Central Bank of Venezuela announced the expansion of the monetary cone with the incorporation of two new banknotes, corresponding to 200 and 500 bolivars.
These new banknotes complement the current monetary cone, in order to meet the requirements of the national economy.
Current banknotes in Venezuela
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The two new monetary species have on their obverse the image of the Trilogy of the Liberator Simón Bolívar and, on the reverse, the image commemorating the Naval Battle of Lake Maracaibo.
Likewise, the current monetary cone came into force in October 2021 and has pieces of 5, 10, 20, 50 and 100 bolivars. All of them have the image of Simón Bolívar on the obverse and on the reverse an allusion to the 200th anniversary of the Battle of Carabobo.
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2024-09-07 08:39:14
Venezuela currency to USD
Valid Banknotes in Venezuela: A Comprehensive Guide
The official currency of Venezuela is the Venezuelan bolívar, named after the hero of South American independence, Simón Bolívar [[3]]. The Central Bank of Venezuela plays a crucial role in managing the country’s monetary policy, including the issuance and circulation of banknotes. As of September 2024, the banknotes in circulation are subject to changes, making it essential to understand which banknotes are valid for use by the population.
Current Banknotes in Venezuela
The current monetary cone came into force in October 2021 and consists of banknotes with denominations of 5, 10, 20, 50, and 100 bolivars [[1]]. These banknotes feature the image of Simón Bolívar on the obverse and an allusion to the 200th anniversary of the Battle of Carabobo on the reverse.
In August 2024, the Central Bank of Venezuela announced the expansion of the monetary cone with the incorporation of two new banknotes, corresponding to 200 and 500 bolivars. These new banknotes complement the current monetary cone, aiming to meet the requirements of the national economy. The two new monetary species have on their obverse the image of the Trilogy of the Liberator Simón Bolívar and, on the reverse, the image commemorating the Naval Battle of Lake Maracaibo.
Valid Banknotes
As of September 25, 2024, the 20, 50, and 200 thousand sovereign Bolivar banknotes will cease to be issued. It is essential to highlight which banknotes are valid for use by the population. The current valid banknotes in Venezuela are:
5 bolivars
10 bolivars
20 bolivars
50 bolivars
100 bolivars
200 bolivars (newly introduced)
* 500 bolivars (newly introduced)
Collecting and Cataloging Venezuelan Banknotes
For collectors and enthusiasts, Venezuela’s banknotes offer a rich history and diversity. Numista, a popular online platform, provides a comprehensive catalog of Venezuelan banknotes, featuring pictures, descriptions, and essential information such as metal, size, weight, date, and mintage [[1]]. Similarly, other online resources, like ATS Notes, offer a Venezuelan paper money catalog and currency history, including Spanish currency used till 1843 [[2]].
staying informed about the valid banknotes in Venezuela is crucial for individuals and businesses alike. By understanding the current monetary cone and the newly introduced banknotes, you can ensure a smooth transition and avoid any potential issues with transactions. Additionally, exploring Venezuela’s rich numismatic history can be a fascinating hobby, with online resources available to aid in collecting and cataloging these unique banknotes.
Venezuela currency
Valid Banknotes in Venezuela: An Overview
The Central Bank of Venezuela has recently announced the incorporation of two new banknotes, worth 200 and 500 bolivars, to the current monetary cone. This expansion aims to meet the requirements of the national economy and provide a more comprehensive range of banknotes for the population. In this article, we will explore the current banknotes in Venezuela, their designs, and their validity.
Current Banknotes in Venezuela
The current monetary cone in Venezuela, which came into force in October 2021, consists of banknotes in denominations of 5, 10, 20, 50, and 100 bolivars. All of these banknotes feature the image of Simón Bolívar on the obverse (front side) and various national symbols on the reverse (back side).
According to [[1]], the new bolivar fuerte banknotes issued in 2016 range from 500 up to 20,000 bolivars. For example, the 500 bolivar note features Francisco de Miranda on the obverse and river dolphins on the reverse.
In addition to these banknotes, the Central Bank of Venezuela has introduced two new banknotes, worth 200 and 500 bolivars, which complement the current monetary cone. These new banknotes feature the image of the Trilogy of the Liberator Simón Bolívar on the obverse and the image commemorating the Naval Battle of Lake Maracaibo on the reverse.
Valid Banknotes
As of September 25, 2024, the 20, 50, and 200 thousand sovereign Bolivar banknotes will cease to be issued. It is essential to highlight the valid banknotes that can be used by the population.
In [[2]], a comprehensive catalog of coins and banknotes from Venezuela is presented, featuring pictures, descriptions, and additional information on metal, size, weight, date, and mintage.
Venezuelan banknotes can also be purchased online, new and uncirculated, from reputable sources such as [[3]], which offers 5 million, 10 million, and 20 million Bolivar Soberano banknotes.
Conclusion
the current monetary cone in Venezuela consists of banknotes in denominations of 5, 10, 20, 50, and 100 bolivars, as well as the newly introduced 200 and 500 bolivar notes. It is crucial for the population to be aware of the valid banknotes and their designs to avoid any confusion or inconvenience.
By understanding the current banknotes in Venezuela, individuals can make informed decisions when conducting transactions, and business owners can ensure that they are accepting valid currency.
