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200.000 Bolívares

Issuer Banco Central de Venezuela
Year 2020
Type Vouchers
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Reverse lettering Banco Central de Venezuela
200 MIL BOLÍVARES
Mausoleo del Libertador Simón Bolívar
CASA DE LA MONEDA · VENEZUELA
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Protection description Embedded vertical security thread with microprinting; Simón Bolívar portrait visible when held to light.
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Comments

Venezuela's 2020 redenomination — which lopped six zeroes off the bolívar fuerte to create the bolívar soberano — had already rendered high-denomination notes like this one a product of its own failure. The 200,000 bolívar soberano note appeared as hyperinflation continued to accelerate past the point where any printed denomination could keep pace with daily prices. By the time notes of this face value entered circulation, they were worth fractions of a US dollar.

Printed domestically, the series relied on basic security features at a moment when Venezuela's own currency-printing infrastructure had been severely strained by years of economic collapse and supply shortages.