Venezuela’s Central Bank Announces New Banknotes and Coins

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In December 13, 2016
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Source: Banco Central de Venezuela  (Press Release dated 7 December 2016)Venezuela Analysis

Venezuela’s Central Bank (BCV) has announced that it will progressively begin to circulate nine new higher denomination notes and coins as of December 15.

The new Bolivar notes will include 500, 1,000, 2,000, 5,000, 10,000 and 20,000 bills, while the new coins will be 10, 50 and 100 Bolivar denominations. Venezuela’s current highest value banknote is 100 Bolivars.

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