The Bolivarian Republic of Venezuela Banknotes

Описание: These are the banknotes of Venezuela. A Country in South America, officially known as the Bolivarian Republic of Venezuela. These are the new series of bank notes, to be called bolivares soberanos, and necessary because the nation’s rampant inflation was introduced in 2018 though few of the banknotes shown here are of 2016-2017 which are currently demonized .

The 2 Dos Bolivars, The 5 Cinco Bolivars, The 100 Cien Mil Bolivars, The 500 Quinientos, The 2000 Dos Mil Bolivars, 10000 Diez Mil Bolivars and 20000 Veinte Mil Bolivars which are all designed in beautiful way with birds and animals theme.

Though the denomination of bank note is very high, their exchange rate is extremely low due to hyperinflation. For example, 10000 Bolivars = 16.49 INR or 0.23 USD.

Further Venezuela has been issuing bank notes in denominations of 20,000 and 50,000 Bolivars to stem with hyperinflation though the officials blame the inflation crisis on United States sanctions that restricted its ability to sell oil.

#VenezuelaBanknotes #Venezuela #BolivianBanknotes
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