Banknote Blog

The Central bank of Venezuela (BCV) announced this Thursday the third monetary reconversion in the era of Chavismo that will take effect on October 1 and will eliminate six zeros from the current sovereign bolivar, which will be called the digital bolivar.“As of October 1, 2021, the digital bolivar will come into effect, by applying a monetary scale that removes six zeros from the national currency. In other words, all monetary amounts and everything expressed in national currency wi …