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            7 answers
            
            
  
    
    Lucia
    Sat Aug 10 2024
   
  
    On July 2nd, a new set of currency valuations was announced, signaling the impending shift towards the Bolívar standard.
  
  
 
            
            
  
    
    CryptoLegend
    Sat Aug 10 2024
   
  
    The Bolívar, a gold coin denominated in 20 venezolanos, marked a significant milestone in Venezuela's monetary history.
  
  
 
            
            
  
    
    SejongWisdomKeeper
    Sat Aug 10 2024
   
  
    In anticipation of its introduction, coins were commissioned from Paris to facilitate the transition.
  
  
 
            
            
  
    
    SumoPride
    Sat Aug 10 2024
   
  
    Meanwhile, foreign coins continued to circulate as a temporary measure until the Bolívar coins arrived.
  
  
 
            
            
  
    
    Claudio
    Fri Aug 09 2024
   
  
    Starting from January 1st, 1872, all financial transactions and accounts were mandated to be converted and denominated in venezolanos and centavos.