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06 December, 2014

Venezuela - 20 March 2007 First Issue New Series

Two Bolivares
Dated 20.03.2007, P88a
Reverse
 Five Bolivares
Dated 20.03.2007, P89a
Reverse
Ten Bolivares
Dated 20.03.2007, P90a
Reverse
 Twenty Bolivares
Dated 20.03.2007, P91a
Reverse
Fifty Bolivares
Dated 20.03.2007, P92a
Reverse
Dated 20.03.2007, P93a
Reverse
This is a full set of Bolivar Fuerte (strong bolivar) first released on the 1.1.2008. All notes are printed with the date of 30.03.2007. These notes replaced the original Bolivar at a rate of 1 Bolivar Fuerte (new) for 1000 Bolivares (old). The new notes were issued as a currency reform to counter high inflation in the country. The Venezuela government since 2003 has strict control on its currency exchange rates involving both imports and exports as well as amount of cash one can take out of the country. This set of notes is getting a bit expensive, especially the 50 Bolivar Fuerte. Other denominations are still very affordable and plenty to offer by many dealers.

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