Historical overview
The Banco Central de Venezuela was created on September 7th 1939 with the issue of the Act "
Ley del Banco Central de Venezuela" «
The Central Bank of Venezuela Act», as a goal to centralize the banknotes and coin issuing, which in that time, many banks where issuing banknotes.
Monetary Unit Name
Bolívar of Silver (1879-1918)
Bolívar of Gold (1918-1974)
Bolívar (1974-2007)
Monetary System
100 Céntimos = 1 Bolívar
Time Period
From 1879 through December 31st 2007, which has been replaced by "
Bolívar Fuerte".
Monetary equivalence
5 Céntimos = 1 Centavo (Venezolano)
1 Bolívar = 20 Centavo (Venezolano)
5 Bolívares = 1 Venezolano
1000 Bolívares = 1 Bolívar Fuerte
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