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500 Bolívares

Issuer Banco Central de Venezuela
Year 1981-1998
Type Standard circulation banknote
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Obverse lettering BANCO CENTRAL DE VENEZUELA
QUINIENTOS BOLÍVARES
PAGADEROS AL PORTADOR EN LAS OFICINAS DEL BANCO
500
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Protection description Simón Bolívar portrait visible in the blank zone at left on the obverse and right on the reverse.
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Comments

The P#67 500 Bolívares series had an unusually long run — seventeen years across multiple date varieties — largely because Venezuela's oil-dependent economy kept lurching between stability and inflation without ever fully collapsing the currency fast enough to force a redesign. By the mid-1990s, the Bolívar had lost the bulk of its purchasing power, and a 500-unit note that once held real transactional weight had become routine pocket change.

Bundesdruckerei supplied the printing throughout the series. The Berlin firm had a substantial Latin American client base during this period, picking up contracts that De La Rue and American Bank Note had historically dominated.

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