Venezuelan Bolívar in Seychellois Rupee

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.

SCR Seychellois Rupee

Country of application:
Seychelles

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

Denominations of banknotes in circulation:
10, 25, 50, 100, 500 rupees.

History reference:
The Seychelles rupee has been the national currency and money of the Republic of Seychelles since 1903, when the islands became a crown colony separate from Mauritius. The Seychelles established the ...rupee as its national currency in 1914, when it was still a British colony. The country also accepted currency from its neighbor, the Mauritian rupee. The British Board of Commissioners of Monetary Affairs continued to issue notes in 1918, 1928 and 1951. In circulation there are banknotes of 10, 25, 50, 100 and 500 rupees of various years of issue. Banknotes of the previous issues of 1983 and 1989 are legal tender, but are extremely rare.