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5 Bolivianos overprinted on P# 192A
| Issuer | Banco Central de Bolivia |
|---|---|
| Year | 1987 |
| Type | Log in to see details |
| Value | 5 Bolivianos (5 BOB) |
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| Obverse description | Vignette of Mercury at left; the issuer name arches across the top with the document type inscription below. The face value is rendered in words at center, with numeral denominations appearing at the middle right and lower left. |
|---|---|
| Obverse lettering | BANCO CENTRAL DE BOLIVIA DECRETO SUPREMO NO. 20732 DE 8 DE MARZO DE 1985 CHEQUE DE GERENCIA PAGUESE AL PORTADOR CINCO MILLONES DE PESOS BOLIVIANOS $b. 5.000.000 $b 5.000.000 (Translation: Central Bank of Bolivia Supreme Decree # 20732 of March 8th., 1985 Management Check Be paid to the bearer Five Million Pesos Bolivianos $b. 5,000,000.00 $b. 5,000,000.00) |
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| Comments |
Bolivia's hyperinflationary crisis of the mid-1980s was among the worst in South American history — annual inflation peaked above 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 old peso boliviano. Rather than printing an entirely new suite of notes immediately, the Banco Central overprinted existing peso boliviano stock with the new denomination and currency name, producing transitional issues like this one.
The underlying P#192A was a peso boliviano note repurposed wholesale. The overprint is the entire monetary story here.