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5 Bolivianos

Issuer Banco Central de Bolivia
Year 1986
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Value 5 Bolivianos
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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.

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