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Bolívar digital: Nueva Expresión Monetaria inicia otra eliminación de ceros en Venezuela

Bolívar digital: Nueva Expresión Monetaria inicia otra eliminación de ceros en Venezuela
altadensidad.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from altadensidad.com Daily Mail and Mail on Sunday newspapers.

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Venezuela Issues Million-Bolivar-Bill Worth 50 Cents As Hyperinflation Rages


by Tyler Durden
Tuesday, Mar 09, 2021 - 04:15 AM
Venezuela s currency has lost 99.999% of its value during the six years of hyperinflation, forcing the country to issue larger banknotes. On Friday, the nation s central bank announced new plans to unveil the highest valued banknote of one million bolivars. 
The Central Bank of Venezuela tweeted Friday that
three new banknotes will be incorporated into the current Monetary Cone, as part of the expansion of the current family of monetary species. As early as this week, it will introduce banknotes worth 200,000, 500,000, and one million bolivars. For those wondering how much
one million bolivars is worth in terms of US dollars, well, it s around 50 cents.  ....

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