Venezuelan bolívar
Venezuelan bolívar: a currency still in use.
- Dates in use
- Still in use; introduction date not established here
- Currency code
- VES
- Ancestry branch
- See family connections
Where this money came from
1 ancestor · 0 descendants. Follow a name to its history. Select a dated connection for its evidence.
No successor is established here. This does not imply extinction.
The story
The resolution divides specified prices and financial balances by 1, 000, 000 for the new scale and applies the wage-adjustment rule from 1 October 2021. [1]
Article 7 allows qualifying older banknotes of at least 10, 000 bolívares to circulate after 1 October 2021 pending a separate demonetisation resolution. [2]
ISO Amendment 170 assigns VED as an auxiliary redenomination code and explicitly leaves VES in place; it does not identify a separate digital currency species. [3]
Turning points
Currency scale and cash coexistence
The resolution divides specified prices and financial balances by 1, 000, 000 for the new scale and applies the wage-adjustment rule from 1 October 2021. Article 7 allows qualifying older banknotes of at least 10, 000 bolívares to circulate after 1 October 2021 pending a separate demonetisation resolution. Inference: ISO Amendment 170 assigns VED as an auxiliary redenomination code and explicitly leaves VES in place; it does not identify a separate digital currency species. [1] [2] [3]
Sources and evidence
- Banco Central de Venezuela; Gazette scan on third-party host · Gaceta Oficial 42.191, 16 August 2021 — BCV Resolution 21-08-01 C580 ↗
- Banco Central de Venezuela; Gazette scan on third-party host · Gaceta Oficial 42.191, 16 August 2021 — BCV Resolution 21-08-01 C581 ↗
- SIX · ISO 4217 Amendment 170 C601 ↗
Open the complete research record →
Full claims, evidence coverage, corrections and earlier interpretations are kept separately.
Cite this page
“Venezuelan bolívar.” The Family Tree of Money. © Field Technologies, Inc. Reader edition 2026-10-13; research dataset v44. https://familytreeofmoney.org/currency/FTM000098.html