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The Coins of the Venezuelan venezolano circulated between 1874 and 1897. On June 11, 1873, the government ordered subsidiary silver coins of 5, 10, 20, and 50 centésimos de venezolano from Paris. An order for gold coins was placed on September 16, 1874, originally for pieces of 1, 5, 10, and 20 venezolanos, the 20-venezolano gold piece to be ...
United States of Venezuela, 1 peso (1811), from the first issue of national paper currency. [1] 100 Bolivares, Banco Mercantil Y Agricola . The currency of Venezuela has been in circulation since the end of the 18th century. The present currency unit in Venezuela is the Venezuelan bolívar.
By September 2020, all sovereign bolivar banknotes (Bs.S 2 to Bs.S 500) issued on 20 August 2018 were deemed worthless. Venezuelan officials are planning a new Bs.S 100,000 note. [99] Meanwhile, as of 16 December 2020, the exchange rate was over 1 million bolivares to one US dollar. [100]
The Venezuelan twelve-and-a-half-céntimo coin (12 + 1 ⁄ 2 céntimos), was a cupro-nickel money and that was worth one-eighth of a silver Venezuelan Bolivar (VEB), [1] this round piece of metal was known also with the very popular nicknames of "locha" (pronounced) [2] or "cuartillo" (pronounced [kwaɾˈtiʝo]).
The subsidiary silver coinage was only .835 fine, legal tender to a maximum of 40 venezolanos per transaction. However, the peso and the real continued to circulate illegally. [ 2 ] The monetary law of 31 March 1879 replaced the venezolano and the outdated currencies as the single monetary unit with the bolívar at 5 bolívares = 1 venezolano ...
In 1811, the Estados Unidos de Venezuela issued notes in denominations of 2 reales, 1, 2, 4, 5 and 10 pesos. In 1849, the Treasury issued notes for 5 pesos, which were followed by government issues for 5, 10, 50, 100, 500 and 1000 pesos from 1859. From 1860, notes for 8 reales and 20 pesos were issued. [3]
Venezuela, [c] officially the Bolivarian Republic of Venezuela, [d] is a country on the northern coast of South America, consisting of a continental landmass and many islands and islets in the Caribbean Sea. It comprises an area of 916,445 km 2 (353,841 sq mi), and its population was estimated at 29 million in 2022. [18]
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