404 Not Found

nginx Venezuela updates ISO currency code

You are here:

Home
News
Currency
Venezuela updates ISO currency code

The Central Bank of Venezuela has confirmed that a new International Organization for Standardization (ISO) code will be assigned to its soon to be denominated currency.

The ISO code “VES” will be used to identify the new Sovereign Bolivar that comes into effect on 04 June 2018, replacing the previous ISO code of “VEF”..

The Venezuelan currency is to have three zeros removed, resulting in new banknotes in the denominations of Bs.S 2, Bs.S 5, Bs.S 10, Bs.S 20, Bs.S 50, Bs.S 100, Bs.S 200 and Bs.S 500, and two coin denominations of 50 cents and Bs.S 1.

Read the press release from the Central Bank of Venezuela.

Venezuela’s new currency to start circulating in June

Categories: Currency, News10/05/2018

Author: SMI

https://www.securamonde.com

SMI is the acknowledged world leader in the provision of independent technical & commercial expertise to the currency industry. Founded in 1994, SMI consultants each have many years’ experience working in the currency industry, and consequently have extensive knowledge and understanding of all aspects of the banknote and coin markets, offering consultancy services on a range of issues related to the security, manufacture, issue, circulation and management of physical cash in the economy.

404 Not Found

The Central Bank of Venezuela has confirmed that a new International Organization for Standardization (ISO) code will be assigned to its soon to be denominated currency.

Related articles

Author: SMI

Related posts