Catalog
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| Issuer | Banco Central de Bolivia |
|---|---|
| Year | 1986 |
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| Value | 5 Bolivianos |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO CENTRAL DE BOLIVIA LEY 901 DE 28 DE NOVIEMBRE DE 1986 CINCO BOLIVIANOS ADELA ZAMUDIO PRESIDENTE BCB MINISTRO DE FINANZAS |
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| Protection type | Watermark |
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| Comments |
Bolivia's 1986 monetary reform replaced the collapsed peso boliviano — which had suffered one of the worst hyperinflationary episodes in Latin American history, peaking at over 20,000% annual inflation in 1985 — with the new boliviano at a conversion rate of one million to one. This note was among the first series issued under that reform, printed by Canadian Bank Note Company as part of a transitional package intended to restore basic confidence in paper currency.
The CBN Ottawa contract was a deliberate choice of distance from local political interference — a quiet signal that the new currency's production was beyond domestic reach.