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500 Pesos Bolivianos
| Issuer | Banco Central de Bolivia |
|---|---|
| Year | 1981 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Peso boliviano (1963-1986) |
| Composition | Log in to see details |
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| Obverse description | The Bolivian national arms rendered as an intaglio vignette occupy the centre of the note, set against a multicolour guilloche underprint of interlocking pink and green rosettes. An intaglio portrait of Eduardo Avaroa, labelled 'AVAROA', is positioned within a decorative frame at the right, while an oval guilloche medallion occupies the left panel. Two manuscript signatures appear above the printed titles GERENTE and PRESIDENTE, with the authorising decree legend DECRETO SUPREMO DE 1o DE JUNIO DE 1981 inscribed below the arms. |
|---|---|
| Obverse lettering | Log in to see details |
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| Protection type | Log in to see details |
| Protection description | Portrait watermark of Eduardo Avaroa |
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| Comments |
The dual-printer attribution here reflects a transitional arrangement common in Bolivian banknote production during this period — ABNC supplied the intaglio-printed face plates while De La Rue handled additional printings as demand shifted. Bolivia's early 1980s inflation was accelerating sharply by the time this denomination entered circulation, and 500 Pesos Bolivianos would become increasingly inadequate within a few years as the country lurched toward the hyperinflationary crisis of 1984–1985, when annual inflation exceeded 20,000 percent.
Two signature combinations exist for this issue, both documented under P#165 — the Paz/Ruíz Balaldión pairing and the Paz/Vizcarra variant, reflecting successive appointments to the bank's senior positions.