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50 000 Bolívares

Issuer Banco Central de Venezuela
Year 2005-2006
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Size 156 × 69 mm
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Obverse lettering REPÚBLICA BOLIVARIANA DE VENEZUELA
CINCUENTA MIL BOLIVARES
50000
PAGADEROS AL PORTADOR EN LAS OFICINAS DEL BANCO
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Reverse lettering BANCO CENTRAL DE VENEZUELA
CINCUENTA MIL BOLIVARES
50000
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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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