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1 Boliviano overprinted on P# 192C
| Issuer | Banco Central de Bolivia |
|---|---|
| Year | 1987 |
| Type | Log in to see details |
| Value | 1 Boliviano (1 BOB) |
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| Composition | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO CENTRAL DE BOLIVIA DECRETO SUPREMO NO. 20732 DE 8 DE MARZO DE 1985 CHEQUE DE GERENCIA PAGUESE AL PORTADOR UN MILLON DE PESOS BOLIVIANOS $b 1.000.000 (Translation: Central Bank of Bolivia Supreme Decree # 20732 of March 8th., 1985 Management Check Be paid to the bearer One Million Pesos Bolivianos $b. 1,000,000.00) |
| Reverse description | Log in to see details |
| Reverse lettering | ESTE CHEQUE TIENE CIRCULACION LEGAL A NIVEL NACIONAL Y SIRVE PARA PAGOS DE TRANSACCIONES PUBLICAS Y PRIVADAS. $b. 1.000.000 (overprinted, turned 90º) Bs1 UN BOLIVIANO (Translation: This check is legal tender at national level and is valid for payment of public and private transactions. $b. 1,000,000 (overprinted, turned 90º) Bs1 One Boliviano) |
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| Comments |
Bolivia's hyperinflationary crisis of the mid-1980s was among the worst in Latin American history, with annual inflation briefly exceeding 20,000 percent in 1985. The government's response was the 1987 monetary reform, which introduced the boliviano at a rate of one million to one against the peso boliviano. Rather than printing entirely new stock from scratch, the Banco Central overstamped existing peso notes — P#192C among them — with the new denomination, a stopgap that kept currency physically available while the reform was still being absorbed.
The overprint series is inherently short-lived by design. Replacement notes followed quickly.