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| 正面描述 | The obverse is printed in orange and light blue tones on a fine guilloche underprint. At right, an intaglio portrait of Pantaleón Dalence occupies the dominant vignette, his name inscribed below. The central field carries the denomination legend VEINTE BOLIVIANOS in large letterpress type, flanked by the Bolivian coat of arms at lower centre and two signature facsimiles above it. The bank title BANCO CENTRAL DE BOLIVIA runs along the top border, with the enabling law reference printed in small text beneath it. |
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| 背面铭文 | BANCO CENTRAL DE BOLIVIA 20 CASA MONEDA TARIJA VEINTE BOLIVIANOS |
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Bolivia's 1986 monetary reform replaced the devastated peso boliviano with the new boliviano at a rate of one million to one — the peso had been destroyed by hyperinflation that reached an annualized rate of over 20,000 percent in 1985, one of the worst episodes in Latin American monetary history. The new series, printed by the Canadian Bank Note Company, was part of an emergency stabilization package implemented under President Víctor Paz Estenssoro.
CBNC's involvement here is worth noting — the Ottawa firm had a long relationship with Andean issuers, and their work on this series is technically clean if unflashy.