Catalog
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| Issuer | Banco Central de Venezuela |
|---|---|
| Year | 2021 |
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| Composition | Log in to see details |
| Size | 156 x 69 mm |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse lettering | Banco Central de Venezuela 200 Años Batalla de Carabobo Cien Bolívares (Translation: Central Bank of Venezuela 200 Years Battle of Carabobo one hundred Bolívares) |
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| Protection type | Watermark, Security thread |
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| Comments |
The Battle of Carabobo, fought on 24 June 1821, effectively ended Spanish colonial rule over Venezuela — Simón Bolívar's forces routed the royalist army in under two hours. The 200th anniversary commemorative issue arrived, however, in a country experiencing one of the worst hyperinflationary collapses in modern Latin American history, making 100 bolívares a denomination worth fractions of a US cent at time of printing.
Venezuela had already redenominated twice in the preceding decade — the bolívar fuerte in 2008, the bolívar soberano in 2018 — yet another redenomination followed in October 2021, just months after this note was issued, rendering it obsolete almost immediately upon release.