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5 Bolivianos
| Issuer | Banco Central de Bolivia |
|---|---|
| Year | 1986 |
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| Composition | Log in to see details |
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| Printer | Thomas de la Rue, London |
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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 GERENTE GENERAL BCD 5 |
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| Reverse lettering | BANCO CENTRAL DE BOLIVIA CINCO BOLIVIANOS VIRGEN DEL SOCAVON 5 |
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| Comments |
This note was part of Bolivia's emergency redenomination in 1986, when the peso boliviano was replaced by the boliviano at a rate of 1,000,000 to 1 — one of the most extreme currency collapses in Latin American history. Hyperinflation had peaked at over 20,000% annually in 1985 before the Paz Estenssoro government implemented the shock stabilization program known as Decreto Supremo 21060.
Thomas De La Rue's involvement was practical necessity: Bolivia lacked domestic printing capacity adequate for the rapid retooling a redenomination required.