Catalog
500.000 Bolívares
| Issuer | Banco Central de Venezuela |
|---|---|
| Year | 2020 |
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| Composition | Cotton paper |
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| Reverse description | Violet-purple note with the issuer's name 'Banco Central de Venezuela' across the top and the Venezuelan national coat of arms to the left. The central vignette presents a guilloche-enriched architectural rendering of the Mausoleo del Libertador Simón Bolívar in Caracas, accompanied by the inscription 'Mausoleo del Libertador Simón Bolívar'. The denomination '500 MIL BOLÍVARES' is repeated in a stacked typeset panel at lower right, with a vertical 'CASA DE LA MONEDA - VENEZUELA' imprint along the right margin. |
| Reverse lettering | Banco Central de Venezuela 500 MIL 500 MIL 500 MIL 500 MIL 500 MIL BOLÍVARES Mausoleo del Libertador Simón Bolívar CASA DE LA MONEDA - VENEZUELA |
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| Comments |
Venezuela's Casa de la Moneda — built to reduce dependence on foreign printers — had been producing banknotes domestically since the early 2000s, but by 2020 the institution was operating under severe import restrictions that affected ink, thread, and substrate supplies. This 500,000 bolívar note was issued as part of the bolívar soberano series during one of the most extreme hyperinflationary episodes in recorded history; the bolivar soberano itself had already shed five zeros from its predecessor in 2018, and this denomination would become nearly worthless within months of issue.
In October 2021, Venezuela redenominated again, introducing the bolívar digital at 1,000,000 soberanos to one — making this note worth a fraction of a new cent before it could wear out.