20 Bolívares

Venezuela's hyperinflationary collapse made most paper issues from this period economically worthless within weeks of release. By mid-2018, the official inflation rate exceeded one million percent annually, and a 20 Bolívar note represented a fraction of a U.S. cent in purchasing power almost immediately upon circulation. The government's response — a redenomination that August, cutting five zeros to create the Bolívar Soberano — rendered this note obsolete before most examples had passed through more than a few hands.

The print run of just over twelve million is modest for a circulating denomination, reflecting how rapidly the monetary system was collapsing around the printing schedule itself.