Liberian Dollar in Venezuelan Bolívar

LRD Liberian Dollar

Country of application:
Liberia

Coin denominations in circulation:
5, 10, 25, 50 cents, 1 dollar.

Denominations of banknotes in circulation:
5, 10, 20, 50, 100, 500 dollars.

History reference:
The Liberian dollar is the national currency of the Republic of Liberia. For the first time, the Liberian dollar appeared in the form of coins, it was after the declaration of independence of Liberia..., in 1847. Ten years later, the first banknotes appeared, in 1880 their issue was discontinued, coins were minted until 1906. All the while, the US dollar continued to play the role of a parallel legal tender. In 1907, it was replaced by the pound sterling and then the West African pound. During the civil war of 1989-1996, there were actually two zones of monetary circulation: one controlled by the government and the rebels. The rebels used banknotes issued before the start of the war

VEF Venezuelan Bolívar

Country of application:
Venezuela

Coin denominations in circulation:
500, 100, 50, 25, 5, 2 and 1 bolivar, 50, 25, 10, 5 centimos.

Denominations of banknotes in circulation:
50,000, 20,000, 10,000, 5000, 2000, 1000, 500, 100, 50, 20, 10 and 5 bolivars.

History reference:
Bolivar is first a minor (in 1871-1879), and then the main (from 1879 to 2018) monetary unit of Venezuela. Bolívar is named after Latin American independence hero Simón Bolívar. The bolívar was p...assed under the Monetary Law of 1879, replacing the short-lived Venezolano at a rate of five bolívares to one Venezolano. The bolivar was originally defined by a silver standard, equal to 4.5 grams of pure silver, following the principles of the Latin Monetary Union. The monetary law of 1887 made the gold bolivar unrestricted legal tender, and the gold standard came into full force in 1910. Venezuela abandoned gold in 1930, and in 1934 the exchange rate of the bolivar was fixed in US dollars at a rate of 3.914 bolivars = US$1, valued at 3.18 bolivars = US$1 in 1937, a rate that lasted until 1941 Until February 18, 1983 (now called Black Friday (Viernes Negro) by many Venezuelans), the Bolívar was the most stable and internationally recognized currency in the region. It then fell victim to a massive devaluation.