Since inflation continues in Venezuela, and the number of zeros become numerous again, a reform of the BvS was introduced in 2020, when again a 1,000,000-note was printed.
The new name : Boliváres Digitales replaced 1,000,000 BvS (or 10,000,000,000,000 BvF) by 1 BvD.
Unlike the name suggests, the notes are really printed paper money (not digital).
The 1 BvD still has the old valuta of 1 million boliváres soberanos, but the higher denominations, issued from April 2021 on, are in the new system.
The first note issued in the new 'currency' is the 5 BvD.
5 is easier to count with then the 5,000,000 before, at the time of issue, 5 millions soberanos, represented hardly one US dollar.
 |
| 5 BvD |
This series have all a similar, monochrome background.
 |
| reverse side of 5 Boliváres Digitales |
A first note of 10 BvD and a second one of 20 BvD, have already a ten- and twentyfold of the note issued 7 months earlier.
A first note of 10 BvD and a second one of 20 BvD, have already a ten- and twentyfold of the note issued 7 months earlier.
Serial number on the 10 BvD is here a B (second emission) but on the 20 BvD, we see an X.
Damaged notes or erronous notes cannot be brought into circulation, and are replaced by another note, to avoid that the same serial number would appear on two notes.
This series of notes that replace a damaged one, start with an X. Other countries have different systems to indicate a note is a replacement note (i.e. with a star-marking, Z-serial letter, ...)
Replacement notes have the same value when in circulation, but are part of a smaller number of issued notes.
As you see on the note, the serial number starts with 3 zeros, in this case, there are about 2x000 thousand replacement notes issued.
At the reverse side, we see the same image as the previous 1 BvD (1 million BvS) note.
 |
| reverse side of 10 and 20 BvD |
and the story continues...
No comments:
Post a Comment