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20 Bolívares 200th Anniversary of the Battle of Carabobo
| Issuer | Banco Central de Venezuela |
|---|---|
| Year | 2021 |
| Type | Commemorative banknote |
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| Obverse description | Portrait of Simón Bolívar at centre-bottom, labelled 'SIMÓN BOLÍVAR', set against an orange guilloche underprint with a row of stars across the middle band. The denomination '20 / Veinte / Bolívares' appears in the upper left, with the date '29 DE ABRE. DE 2021' and two signature lines for Presidente BCV and Primer Vicepresidente BCV below the numeral. The heading 'República Bolivariana de Venezuela' is printed across the top. |
|---|---|
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| Reverse description | The national arms of Venezuela appear at left, while the Monument to the Motherland (Monumento a la Madre Patria) on the Carabobo Fields occupies the centre, and a vignette of the Battle of Carabobo is rendered at right. The overall colour scheme continues the orange tone of the obverse, with commemorative inscriptions marking the 200th anniversary of the battle. |
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| Comments |
The Battle of Carabobo, fought on June 24, 1821, effectively ended Spanish royalist control over Venezuela, and its bicentennial fell during one of the worst economic collapses in Latin American history. By 2021, Venezuela's bolivar had been redenominated twice in the preceding three years — the 2018 "Sovereign Bolívar" had itself already shed five zeros from its predecessor. A commemorative face value of 20 bolívares was, by any practical measure, worthless in circulation.
Watermark-only security on a paper substrate is notably thin protection for a 2021 issue — most contemporary central bank notes of any significance carry polymer substrate or multi-feature security threads at minimum.