Banknotes and coins of the bolívar soberano up to Bs. Therefore, giving correct change for a purchase of, say, ​4 1⁄2 céntimos would require using a ​12 1⁄2-céntimo coin and getting 8 céntimos back. dollar on black market", "Venezuela's bolívar tumbles beyond 200 mark", "El precio 'REAL' del Dolar paralelo en Venezuela", "In Venezuela, Faith in Chávez Starts to Wane", "Venezuela forces ISPs to police Internet", https://dxj1e0bbbefdtsyig.woldrssl.net/custom/dolartoday.xlsx, "Coins from Venezuela : 1000 Bolívares – Design B, Type A : Numismatic Catalog of Venezuela", "Venezuela's Maduro orders 100-unit banknotes out of circulation", "Venezuela pulls most common banknote from circulation to 'beat mafia, "Declaring war on common sense, Venezuela bans its own money", "Veja: Venezuela y Bolivia son sospechosas de esquema estatal de lavado", "Maduro: El nuevo cono monetario va a coexistir con el viejo "hasta su extensión, "Billetes inferiores a 1.000 bolívares no tendrán valor a partir del 20A", "Venezuelans Are Paying a 100% Premium for Cash", "Venezuela's Hyperinflation Is Breaking Deli Scales", "Bolívar Fuerte circulará hasta el miércoles 5 de diciembre | En la Agenda | 2001.com.ve", "Resolución N° 18-03-01 RM - Mediante la cual se dictan las Normas que Rigen en el Proceso de Reconversión Monetaria", "Inició el Programa de Recuperación Económica con el Bolívar Soberano", "Billetes de Bs.S 2 no es aceptado ni en bancos del Estado", "Ya ni los bancos del Estado quieren aceptar los devaluados billetes de Bs.S 2", "Tres nuevos billetes se incorporan al Cono Monetario vigente", "Venezuela adds bigger bank notes due to hyperinflation", https://themoneyconverter.com/VES/USD?amount=50000, South Georgia and the South Sandwich Islands, https://en.wikipedia.org/w/index.php?title=Venezuelan_bolívar&oldid=984695626, Short description is different from Wikidata, Articles containing Spanish-language text, Articles with unsourced statements from June 2019, All articles that may contain original research, Articles that may contain original research from October 2018, Articles with disputed statements from August 2018, Articles with unsourced statements from April 2019, Articles with unsourced statements from August 2020, Articles with Spanish-language sources (es), Creative Commons Attribution-ShareAlike License, Bs.S.

0.06 and BsS. [35], Concurrently with the release of the new currency, the minimum wage was raised to 1,800 bolívares soberanos per month,[36] a 33-fold increase,[37] and sales tax increased from 12% to 16%.

It's known locally as a buck or greenback. [32] Under the country's official fixed exchange rate to the US dollar the new currency was devalued by roughly 95% compared to the old bolívar fuerte. As inflation took hold, higher denominations of banknotes started being introduced: 1,000 bolívares in 1991, 2,000 and 5,000 bolívares in 1994, and 10,000, 20,000 and 50,000 bolívares in 1998. Bs to USD to GBP", "Venezuela issues new currency, amid hyperinflation and social turmoil", "Venezuela - Bolívar soberano transition", Venezuela just devalued the bolivar by 95% and pegged it to a cryptocurrency, "Venezuela hikes wages ahead of monetary overhaul", "Here's What Maduro Has Said of Venezuela's Petro Cryptocurrency", "Venezuela devalues currency and raises minimum wage by 3,000%", "Special Report: In Venezuela, new cryptocurrency is nowhere to be found", "Venezuela Is About to Become the First Country to Peg Its Currency to a Cryptocurrency. The 2- and 5-bolívar notes were no longer found in circulation due to the hyperinflation, but remained legal tender. [41] By 24 August 2018, the introduction of the bolívar soberano had not prevented hyperinflation.

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