Thumbnail of Venezuela new high denomination banknotes

Venezuela starts to issue new banknotes

Venezuela has issued three denominations of their new banknote series, in response to the country’s soaring inflation. On 16 January 2017, the Banco Central de Venezuela, the country’s central bank, began circulating the new 500, 5,000 and 20,000 bolivar banknotes. The paper banknotes include electrotype watermarks, UV features, anti-copier line structures, micro text, windowed security thread, magnetic security features,…