bolivares
Caracas cash units
Bolivares is the plural of bolivar, the currency of Venezuela.
Named after Simón Bolívar, the South American independence leader, the bolivar has undergone severe devaluation due to hyperinflation: A cup of coffee cost thousands of bolivares.
The currency has been redenominated multiple times, with zeros periodically stripped away.
Paper currency notes
- coinsMetal money units
- legal tenderOfficially recognized payment medium
- fiatAuthoritative official decree
- circulationMovement through a system
bills · cash · money · payment · transaction · denomination · wallet · spend
Extreme rapid price escalation
- devaluationLowering of currency worth
- redenominationCurrency unit replacement
- zerosSymbols for nothing
- worthlessLacking any value
wheelbarrow · stacks · bundles · shortage · scarcity · black market · dollarization · currency crisis
Illegal exchange valuation
- forexCurrency trading market
- remittancesPayments sent abroad
- currency exchangeConverting between national monies
- conversionAct of changing states
Chief city of Venezuela
- MaracaiboVenezuelan lakeside metropolis
- OrinocoVenezuelan river to Atlantic
- Angel FallsTallest waterfall on Earth
- arepasSouth American corn cakes
banknotes
Paper currency notes
- coinsMetal money units
- legal tenderOfficially recognized payment medium
- fiatAuthoritative official decree
bills · circulation · cash · money · payment · transaction · denomination · wallet · spend · withdraw
hyperinflation
Extreme rapid price escalation
- devaluationLowering of currency worth
- redenominationCurrency unit replacement
- zerosSymbols for nothing
worthless · wheelbarrow · stacks · bundles · shortage · scarcity · black market · dollarization · currency crisis · purchasing power
black market rate
Illegal exchange valuation
- forexCurrency trading market
- remittancesPayments sent abroad
- currency exchangeConverting between national monies
conversion · swap · trading · arbitrage · spread
Caracas
Chief city of Venezuela
- MaracaiboVenezuelan lakeside metropolis
- OrinocoVenezuelan river to Atlantic
- Angel FallsTallest waterfall on Earth
Simon Bolivar · arepas · cacao · reconversion · centimos
bolivaresSwiss francs
Switzerland's official currency
US dollars · hard currency · gold · euros · sound money