Catalog
| Issuer | Banco Central de Venezuela |
|---|---|
| Year | 1998 |
| 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 | Log in to see details |
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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 |
| Reference(s) | P#82 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO CENTRAL DE VENEZUELA VEINTE MIL BOLIVARES 20000 PAGADEROS AL PORTADOR EN LAS OFICINAS DEL BANCO |
| Reverse description | Log in to see details |
| Reverse lettering | BANCO CENTRAL DE VENEZUELA VEINTE MIL BOLIVARES 20000 |
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| Comments |
The 1998 date on P#82 is the issue date, not the print date — the plates originate from American Bank Note Company work done decades earlier, a recycled design approach the BCV used repeatedly during the hyperinflationary spiral of the 1990s when new intaglio commissioning was neither fast nor cheap enough to keep pace with denomination requirements.
The 20,000 bolívar denomination itself existed because Venezuela's inflation had rendered lower notes nearly worthless for everyday transactions by the mid-1990s. The bolívar was redenominated in 2008 at a ratio of 1,000:1, making this note worth 20 new bolívares fuertes on paper — and almost nothing in practice well before that.