6 Venezuela Notes P-88 to P-93 - 2, 5, 10, 20, 50, 100 Venezuelan Bolvar - Forei for Sale

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6 Venezuela Notes P-88 to P-93 - 2, 5, 10, 20, 50, 100 Venezuelan Bolvar - Forei For Sale

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6 Venezuela Notes P-88 to P-93 - 2, 5, 10, 20, 50, 100 Venezuelan Bolvar - Forei:
$90.00

P-88 to P-93, Mixed dates. Fantastic Group of Beautiful Notes! The Venezuelan bolvar is the official currency of Venezuela. Named after the hero of Latin American independence Simn Bolvar, it was introduced following the monetary reform in 1879, before which the venezolano was circulating. Due to its decade-long reliance on silver and gold standards, and then on a peg to the United States dollar, it was considered among the most stable currencies and was internationally accepted until 1983, when the government decided to adopt a floating exchange rate instead. Since 1983, the currency has experienced a prolonged period of high inflation, losing value almost 500-fold against the US dollar in the process. The depreciation became manageable in mid-2000s, but it still stayed in double digits. It was then, on 1 January 2008, that the hard bolvar (bolvar fuerte in Spanish, sign: Bs.F, code: VEF) replaced the original bolvar (sign: Bs.; code: VEB) at a rate of Bs.F 1 to Bs. 1,000 (the abbreviation Bs. is due to the first and the final letters plural form of the currency's name, bolvares). Read more at Item ordered may not be exact piece shown. All original and authentic.