Banknotes News/Venezuela/2021
2021-10-01

5 Bolívares

Venezuela · Banco Central de Venezuela
Venezuela 5 Bolívares

The 5 Bolivares Digitales (P-115) is one of the inaugural denominations of Venezuela's third currency redenomination, the 'Nueva Expresion Monetaria' launched on October 1, 2021, in which six zeros were removed from the Bolivar Soberano. The vertically-oriented obverse features national liberator Simon Bolivar, while the reverse depicts the Venezuelan Coat of Arms, the Monument to the Motherland on the Carabobo Fields, and the Battle of Carabobo. The note is printed in brown and earth-tone colors on paper measuring 156 x 69 mm, with intricate guilloche patterns and microtext forming a modern 'digital' aesthetic background. The new series was introduced to address Venezuela's severe ongoing hyperinflation crisis and to simplify transactions hampered by unwieldy multi-million bolivar figures.

Highlights
ReasonThird Venezuelan currency redenomination (Nueva Expresion Monetaria), removing six zeros from the Bolivar Soberano to address hyperinflation; 1 Bolivar Digital = 1,000,000 Bolivares Soberanos
DesignObverse (vertical orientation): portrait of Simon Bolivar in brown and earth tones with guilloche patterns and microtext; Reverse: Venezuelan Coat of Arms, Monument to the Motherland on Carabobo Fields, and scene of the Battle of Carabobo
Security featuresWindowed security thread with demetallized BCV text, watermark of Simon Bolivar, electrotype BCV, microtext, guilloche patterns, intaglio printing
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