Contenuto dell'articolo

• The E-Sylum: Volume 10, Number 11, March 18, 2007, Article 25
  

  VENEZUELA REVALUES CURRENCY, ISSUES NEW COINS
  

  Dick Johnson forwarded this article about a monetary change in
  Venezuela and the resulting new coins:
  

  "The Central Bank of Venezuela (BCV) directorate defined the scale
  Of "bolivar fuerte" (strong-bolivar) coins and bills that it will
  begin to circulate starting on January 1st, 2008.
  

  "The country will travel back in time to 1844, and it will once again
  circulate coins like the one-cent coin, first on a scale of coins that
  will increase in increments of five cents; the second coin is a five-cent
  coin, better known as a "puya;" then the ten-cent coin, followed by the
  "locha" worth 12.5 cents; next, the "medio" worth 25 cents; and the
  "real" worth 50 cents; and finally ending up with the new 'bolívar
  fuerte.'
  

  "The bills will be printed in the following denominations: a bill of
  two bolívares fuerte, a ten, a twenty, a fifty, and a hundred bolívar
  fuerte bill, and they will circulate under the Bs.F currency sign.
  

  "The monetary reform system is based on taking three zeros off of the
  present currency. For example, the two-thousand bolivar bill will be
  converted to a two bolívar fuerte bill, and the fifty-thousand bolivar
  bill will be a fifty bolívar fuerte bill."
  

  To read the complete article, see: Full Story
  

URL di origine

• http://www.coinbooks.org/esylum_v10n11a25.html

Data di pubblicazione

• 2007-03-18

Volume

• 10

Le relazioni

Autore NNP

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	The E-Sylum	Pubblico