Imagine you paying 1,000,000 boliváres for a coffee, with 10 notes of 100,000.
In stead of printing new notes with even higher denominations, they dropped 5 zero's, so 100,000 Boliváres fuertes became 1 Bolivar Soberano (sovereign).
The 1 Bolivar is a coin, from 2 Boliváres on, new banknotes were printed.
They fit seamlessly with the previous types of notes. The note mentionnes 'bolváres', but in fact it's a new currency. They old Boliváres are officially VEF (fuertes) and the new ones VES (soberanos).
When looking up exchange rates, the two types are as different as dollars and roubles, except, they were issued in the same country.
Again, the banknotes are in high quality printing, and very attractive in design.
The first two note in the VES-set are 2 and 5 Boliváres. The date of issue is January 15, 2018.
We see signature H (similar to the issues in 2017).
signature H |
2 and 5 Boliváres Soberanos / VES |
a very popular but vulnerable pet in Venezuela |
yellow shouldered parrot |
It lives in the north of Venezuela, from the tropical Islands Margarita and La Blanquilla to the Dutch Caribean Island of Bonaire. In Aruba the bird is extirpated, and possibly also on Curaçao.
The 5 boliváres-note shows a critially endangered endemic frog, the 'sapito rayado' or Veragua stubfoot toad or even Rancho Grande harlequin frog.
This frog's habitat was the Caracas surroundings, but due to human influence (Caracas is known as the concrete jungle), the animal is now seriously threatned.
Sapito rayado - Veragua stubfoot toad |
also known as the Ranch Grande harlequin frog |
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