Venezuelan Bolívar in Moldovan Leu

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 passe...d 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.

MDL Moldovan Leu

Country of application:
Moldavia

Coin denominations in circulation:
50, 25 and 10 baths.

Denominations of banknotes in circulation:
1,000, 500, 200, 100, 50, 20, 10, 5, 2 and 1 lei.

History reference:
The Moldovan leu is the currency of Moldova. The Moldovan leu became the national currency of Moldova in late autumn 1993. Despite the large number of economic reforms and political upheavals that th...e Republic of Moldova experienced during the years of its independence, its money has changed little. The main role in the internal and external markets of the Moldavian Principality was played by foreign silver and gold coins: ducats, florins, zlotys and others. In the 17th century, the Dutch coin “leeuwendaalder”, which depicted a lion, also penetrated the Balkans and Moldova. The inhabitants of Moldova called these coins lei. In 1867, this name was given to the currency of Romania, and after the collapse of the USSR, the monetary unit of Moldova. The Bulgarian lev has exactly the same etymology.