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500 Bolívares
| Issuer | Banco Central de Venezuela |
|---|---|
| Year | 2015-2017 |
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| Composition | Log in to see details |
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| Printer | Casa de la Moneda de Venezuela |
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| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | República Bolivariana de Venezuela 500 QUINIENTOS BOLÍVARES PAGADEROS AL PORTADOR EN LAS OFICINAS DEL BANCO PRESIDENTE BCV PRIMER VICEPRESIDENTE BCV FRANCISCO DE MIRANDA (Translation: Bolivarian Republic of Venezuela 500 FIVE HUNDRED BOLIVARES PAYABLE TO THE BEARER AT THE OFFICES OF THE BANK PRESIDENT BCV FIRST VICE PRESIDENT BCV FRANCISCO DE MIRANDA) |
| Reverse description | Log in to see details |
| Reverse lettering | Banco Central de Venezuela 500 QUINIENTOS BOLÍVARES Toninas Gusano Flor - Parque Nacional Médanos de Coro QUINIENTOS BOLÍVARES CASA DE LA MONEDA - VENEZUELA (Translation: Central Bank of Venezuela 500 FIVE HUNDRED BOLIVARES Amazon River Dolphins Marine Worm Flower - Médanos de Coro National Park FIVE HUNDRED BOLIVARES CASA DE LA MONEDA - VENEZUELA) |
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| Comments |
Venezuela's domestic printer, the Casa de la Moneda in Maracay, produced this note during a period of accelerating hyperinflation that would ultimately render the entire bolívar fuerte series worthless within years of issue. By 2016, the 500-bolívar denomination — once meaningful — was worth less than a tenth of a U.S. cent at black market rates, and the government was printing ever-larger denominations in a losing race against monetary collapse.
The security specification is notably thin for a note of this period: watermark and thread only, without the optical variable ink or color-shifting elements found on contemporaneous notes from other inflation-stricken economies. That austerity in security likely reflects the cost pressures facing a state already struggling to import basic printing materials.