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50 000 Bolívares

Issuer Banco Central de Venezuela
Year 2005-2006
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Value 50 000 Bolivars (50 000 bolívares) (50 000 VEB)
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Reverse description Red intaglio print. The central vignette combines the Rector's Square and Clock Tower of the Central University of Venezuela (UCV), a blossom of the national tree Araguaney (Tabebuia chrysantha), and the national Coat of Arms. The issuer name 'BANCO CENTRAL DE VENEZUELA' runs along the upper left, the denomination legend 'CINCUENTA MIL BOLIVARES' is placed at lower right, and the numeral '50000' appears at lower left and upper right corners.
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Protection description Watermark zone at left of obverse; security thread embedded in the paper; Optically Variable Ink (OVI) patch to the right of the watermark zone on the obverse
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Comments

Venezuela's chronic inflation during the early 2000s forced the Banco Central to issue this high denomination — 50,000 bolívares — at a face value that had become nearly mundane by the time the notes entered circulation. The bolívar fuerte redenomination of 2008 subsequently rendered the entire pre-reform series obsolete, with the conversion rate set at 1,000 old bolívares to 1 new unit, meaning this note exchanged for just 50 new bolívares.

The printed date of 30 April 1945 in the metadata is almost certainly a catalog or data entry error — that date predates the series by six decades.

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