revalued at a ratio of 1 to 1000. 11 The newer name is literally translated as "strong bolvar" 12 13 but is also a reference to an old coin called the peso fuerte worth 10 Spanish reales. Archived from the original on 15 February 2013. Don't Believe the Hype". 34 Initially, during a transition period the bolvar soberano was to be run alongside the bolvar fuerte.
A b Phillips, Tom. "Venezuela devalues currency and raises minimum wage by 3,000". Clad steel (first copper, then nickel and cupro-nickel) was used for the 5 céntimos from 1974. On August 13, 2018, the rate was 4,010,000 VEF/USD according to zoom Remesas. Bolvar Fuerte." Accessed 26 February 2011. Features 94 currencies, Exchange Rates updated every 5 minutes! The government was thwarting this threat by withdrawing the notes from circulation.