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200 Bolívares

Issuer Banco Central de Venezuela
Year 2023
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Value 200 Bolívares
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Obverse description The obverse carries portraits of three Venezuelan independence heroes — Francisco de Miranda (lower left), Simón Bolívar (centre), and Andrés Bello (upper right) — rendered in intaglio over a lilac and gold guilloche underprint. The denomination '200' appears in large numerals at the upper left, with the inscription 'DOSCIENTOS BOLÍVARES' below, and the issuing authority 'República Bolivariana de Venezuela' across the top. Two signature lines for the President and First Vice-President of the BCV are printed in the centre, alongside the date '13 de agosto de 2013' and the bearer clause.
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Protection description Embedded security thread running vertically through the note; Simón Bolívar visible when held to light.
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Venezuela's hyperinflationary collapse forced three separate redenomination cycles between 2008 and 2021, each lopping zeros from the currency and issuing new series within years of the previous one. This 200 Bolívares note belongs to the Bolívar Digital series introduced in October 2021, which replaced the Bolívar Soberano at a rate of one million to one — itself a currency that had replaced the Bolívar Fuerte in 2018. By 2023, even the redenominated figures were struggling to keep pace with prices.

The security specification for this series is notably thin relative to contemporaneous regional issues — a basic thread and watermark, without optical variables or color-shifting ink, reflecting both cost constraints and a central bank operating under severe import restrictions on printing materials.