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Description
Description
The 2021 Venezuela 100 Bolivar Digital banknote represents one of the most pivotal moments in modern monetary history. Issued during Venezuela’s third major currency redenomination, this note emerged as the country attempted to stabilize an economy marked by years of severe hyperinflation. Although modest in printed face value, the 100 Bolivar Digital note effectively replaced 100 million pre-redenomination bolívares soberanos, making it a fascinating artifact of rapid currency erosion.
Historical Significance
Introduced on October 1, 2021, the Bolívar Digital sought to simplify daily transactions by removing six zeros from the previous currency. Despite this adjustment, inflation continued to rise, making these early-series digital notes symbolic of the nation’s ongoing economic struggle. This piece offers collectors a tangible glimpse into one of the 21st century’s most dramatic hyperinflation episodes.
Design and Features
The note features a vertically oriented obverse displaying Simón Bolívar, the famed Liberator of South America. The reverse depicts the Mausoleum of the Liberator, honoring Bolívar’s legacy. Vivid color tones, microprinting, and advanced anti-counterfeit elements showcase Venezuela’s commitment to secure banknote design even during turbulent economic times.
Remarkable Denomination
Although printed as 100 Bolívares Digitales, this note corresponds to a staggering 100 million pre-redenomination bolívares, a testament to the rapid currency devaluation preceding its issue. Few modern notes illustrate the impact of inflation so succinctly.
Catalog Number
Pick# P-115b
Collector’s Value
For collectors of hyperinflation currency, Venezuelan digital bolívar notes occupy a rapidly growing niche. The 100 Bolivar Digital denomination, especially in New UNC condition, is sought after both for its striking design and its representation of a crucial monetary transition. This is an affordable yet historically potent addition to any banknote collection.