Event
Viernes Negro
Viernes Negro, or Black Friday, was 18 February 1983, when the Venezuelan government of Luis Herrera Campins devalued the bolívar and introduced exchange controls after falling oil prices and heavy foreign debt had drained the reserves. It ended two decades of a stable, strong currency and is remembered as the start of Venezuela's long economic crisis.
Cite this entry
- APA
- The Epoch Institute. (2026). Viernes Negro. In The Epoch Institute Encyclopedia. https://the-epoch-institute.org/encyclopedia/viernes-negro
- MLA
- “Viernes Negro.” The Epoch Institute Encyclopedia, The Epoch Institute, 2026, https://the-epoch-institute.org/encyclopedia/viernes-negro. Accessed .
- Chicago
- The Epoch Institute. “Viernes Negro.” The Epoch Institute Encyclopedia. 2026. https://the-epoch-institute.org/encyclopedia/viernes-negro.
- Harvard
- The Epoch Institute (2026) ‘Viernes Negro’, The Epoch Institute Encyclopedia. Available at: https://the-epoch-institute.org/encyclopedia/viernes-negro (Accessed: ).
Last reviewed October 2026Random entry ↻