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50 Bolívares Central Bank
| Issuer | Banco Central de Venezuela |
|---|---|
| Year | 2010 |
| Type | Log in to see details |
| Value | 50 Bolivars (50 VEF) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | Log in to see details |
| Reverse script | Latin |
| Reverse lettering | SEGUNDA SEDE DEL BANCO CENTRAL DE VENEZUELA • 50 BOLÍVARES (Translation: Second office of the Venezuela central bank 50 Bolivares) |
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| Additional information |
Issued to mark the 70th anniversary of the Banco Central de Venezuela, founded in 1940 under President Eleazar López Contreras as part of a broader effort to wrest monetary control away from foreign commercial banks that had effectively managed Venezuelan currency since the nineteenth century. By 2010, the BCV was operating under conditions it could scarcely have anticipated at founding — oil revenues distorting every macroeconomic lever, and inflation already climbing toward the trajectory that would eventually render the bolívar fuerte itself obsolete within a decade.