1 Boliviano

The Banco Nacional de Bolivia was established in 1871 with a government concession, but its early note issues circulated in an economy still heavily dependent on silver — the Bolivian peso had only recently been redefined, and public confidence in private bank paper was fragile at best. ABNC handled the engraving and printing, as they did for the majority of Latin American bank concessions in this period, when domestic printing infrastructure was essentially nonexistent across the region.

The switch to the "boliviano" denomination in 1864 had replaced the old peso at a 1:1 ratio, so by 1883 the name carried nearly two decades of use — enough to feel established, not enough to feel stable.