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Friday, October 26, 2007
Venezuela 2008 new coins
The new Bolivar Fuerte will be on the streets on january 1st 2008:
They might be "beautiful" But is insane to do such a change in such a short time period. It'll probably be very confusing for those of us used to our normal Bolivares.
So why is there a 10 and not a "6 and 1/4" coin? What costs 12.5c or even better where do all those .5c go? Just a way to excuse a deficit "Wheres all that money gone?" "Oh its ok thats covered by our estimates for the .5c deficit"
The 12 1/2 cent coin has a long history in Venezuela. It used to be called the "locha." It was taken out of circulation as the bolivar was devalued and the locha became pretty much worthless. But with the 2008 redenomination, 12 1/2 cents is meaningful again, and the locha was brought back to life. I remember buying delicious "pan de a locha" back in the 1970s.
I have one note of 10000 bolivar and another one is 20000 bolivar. i want to change it in american dollar. how can I change it? Are they both notes are valid nowadays?
they are really beautiful and i can't wait to get them.
ReplyDeletei think that these new coins are the best thing hugo chaves did so far.
They might be "beautiful"
ReplyDeleteBut is insane to do such a change in such a short time period. It'll probably be very confusing for those of us used to our normal Bolivares.
12,5 cents?????
ReplyDelete12 1/2 cents? Why? What's so hard about, oh, I don't know, 1, 2, 5, 10, 20, 50, and 1.00?
ReplyDelete@peter
ReplyDeleteBecause there's a 25 cent coin
so?
ReplyDelete12.5 because theres a 25 :|
ReplyDeleteSo why is there a 10 and not a "6 and 1/4" coin? What costs 12.5c or even better where do all those .5c go? Just a way to excuse a deficit "Wheres all that money gone?" "Oh its ok thats covered by our estimates for the .5c deficit"
What the heck. Okay, while we are at it why not throw in a 3 1/2 cent coin. We Venezuelans have nothing else better to do. Nice work BRUTO CHAVES.
ReplyDeleteThe 12 1/2 cent coin has a long history in Venezuela. It used to be called the "locha." It was taken out of circulation as the bolivar was devalued and the locha became pretty much worthless. But with the 2008 redenomination, 12 1/2 cents is meaningful again, and the locha was brought back to life. I remember buying delicious "pan de a locha" back in the 1970s.
ReplyDeleteChaise idea: "This Worldcoinnews Blogspot is very useful."
ReplyDeleteHappy new year.
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Bathmate
I have one note of 10000 bolivar and another one is 20000 bolivar. i want to change it in american dollar. how can I change it? Are they both notes are valid nowadays?
ReplyDelete