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200 000 Bolívares

Issuer Banco Central de Venezuela
Year 2020
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Composition Paper
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Reverse lettering Banco Central de Venezuela 200 MIL Mausoleo del Libertador Simón Bolívar 200 MIL BOLIVARES CASA DE LA MONEDA - VENEZUELA
(Translation: Central Bank of Venezuela 200 Thousand Mausoleum of the Liberator Simón Bolívar 200 Thousand Bolivares Casa de la Moneda (printer name) - Venezuela)
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Protection description Simón Bolívar portrait and electrotype BCV; wide segmented security thread embedded vertically through the note.
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Venezuela's hyperinflationary spiral forced repeated redenominations throughout the late 2010s and into the 2020s, yet the government kept issuing higher-denomination paper rather than adopting a stable anchor currency. This 200,000 bolívar note appeared under the "bolívar soberano" system introduced in 2018, itself a redenomination that lopped five zeros off the old bolívar fuerte — meaning this face value equated to 20,000,000,000 of the pre-2008 unit.

Printed domestically at the Casa de la Moneda in Maracay rather than abroad, the series reflected Caracas's insistence on self-sufficiency even as the physical quality of output declined noticeably compared to earlier BCV issues printed by De La Rue or ABNC.