1 Boliviano Central Bank

Bolivia's 1998 silver Boliviano was issued by the Banco Central as part of a broader commemorative program during a period when the country had only recently stabilized its currency after the catastrophic hyperinflation of 1984–1985, when monthly inflation peaked above 20,000 percent and the original peso boliviano was rendered worthless. The boliviano itself — reintroduced in 1987 at a rate of one million old pesos — was still a relatively young unit of account when this piece was struck.