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From 1879 through December 31st 2007, which has been replaced by "Bolívar Fuerte".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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