Bolivia's 2009 constitution, which took effect under Evo Morales, restructured the country's financial institutions and formally reconstituted the Banco Central de Bolivia with an expanded mandate — this issue falls within that post-constitutional period. The boliviano itself had been reintroduced in 1987 at a rate of one million old pesos, a direct consequence of the hyperinflationary collapse of the mid-1980s that briefly gave Bolivia the highest inflation rate on earth.
Bolivia's 2009 constitution, which took effect under Evo Morales, restructured the country's financial institutions and formally reconstituted the Banco Central de Bolivia with an expanded mandate — this issue falls within that post-constitutional period. The boliviano itself had been reintroduced in 1987 at a rate of one million old pesos, a direct consequence of the hyperinflationary collapse of the mid-1980s that briefly gave Bolivia the highest inflation rate on earth.