Venezuela introduces new currency with 6 fewer zeros

Editorial photo #7158836 Economy, Business and Finance

Venezuela introduces new currency with 6 fewer zeros

On October 1, 2021, the currency conversion in Venezuela enters into force, which will eliminate the zeros from its currency, for the third time since 2008. This time six zeros will be eliminated, bringing the total to 14. One million bolivars it will become a bolivar. (Photo by Jonathan Lanza/NurPhoto)

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© 2026 NurPhoto - Jonathan Lanza/NurPhoto
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