Venezuelan Bolivar re-denomination

[ienev]

The Central Bank of Venezuela is carrying out a re-denomination of their local currency, with the entry into circulation of the BOLIVAR SOBERANO, effective June 4 2018.

The alphabetic code needs to be updated from VEF to VES.

More details: https://www.currency-iso.org/dam/downloads/dl_currency_iso_amendment_166.pdf

[ienev]

It seems the re-denomination has been postponed, for now only unofficial sources mention it:

http://www.xinhuanet.com/english/2018-05/30/c_137217169.htm

https://www.nasdaq.com/article/inflationstricken-venezuela-postpones-currency-overhaul-20180529-01138

[osrec]

Ah ok, are we okay to close the issue for now and reopen later if needed?

[ienev]

@osrec I guess so. I'll close it.

[fitojb]

The redenomination is now in effect

[ienev]

Thanks @fitojb. @osrec I'm reopening this + some links - 1, 2, 3, 4, 5

[osrec]

Great, thanks for highlighting this. We will update shortly.