Thumbnail image of Venezuelan 100 banknote.

Venezuela finally issues new banknote series

After several delays, the Central Bank of Venezuela has finally issued its new Sovereign Bolivar banknote series amidst hyperinflation. The Venezuela Sovereign Bolivar has had 5 zeros removed from its currency, with the currency changed at a rate of 1 new bolivar to to 100,000 old bolivars. Banknote denominations of the new currency consist of Bs.S. 2, 5, 10, 20,…