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20 Bolívares

Issuer Banco Central de Venezuela
Year 1984
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Reference(s) P#64
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Obverse lettering BANCO CENTRAL DE VENEZUELA
VEINTE BOLÍVARES
PAGADEROS AL PORTADOR EN LAS OFICINAS DEL BANCO
FECHA
SEPTIEMBRE 25, 1984
PRESIDENTE
PRIMER VICE-PRESIDENTE
JOSÉ ANTONIO PÁEZ
Reverse description Green intaglio print centred on a large vignette of the equestrian monument "La Batalla de Carabobo", a multi-figure sculptural group on a tiered stone plinth. The Venezuelan national coat of arms appears at left within a circular guilloche frame, and the numeral "20" is repeated in each corner. The issuer name runs across the top margin and the denomination inscription "VEINTE BOLÍVARES" is set along the lower edge.
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Comments

Venezuela's P#64 20 Bolívares was printed by Bundesdruckerei in West Berlin during a period when the bolívar was under severe pressure — the 1983 "Viernes Negro" devaluation had shattered the fixed exchange rate that had held since 1964, and the government was managing an increasingly unstable monetary situation throughout the mid-1980s. The choice of Bundesdruckerei reflected long-standing Latin American reliance on European security printers rather than any domestic capability.

The Bundesdruckerei contract for this series ran across multiple denominations and date ranges, making individual print-run quantities difficult to isolate by year.

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