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1 Peso Boliviano
| Issuer | Banco Central de Bolivia |
|---|---|
| Year | 1962 |
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| Reference(s) | P#152 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO CENTRAL DE BOLIVIA UN PESO BOLIVIANO LA PAZ, LEY DE 13 DE JULIO DE 1962 CAMPESINO (Translation: Central Bank of Bolivia One Peso Boliviano La Paz, Law from July 13th., 1962 Farmer) |
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| Reverse lettering | BANCO CENTRAL DE BOLIVIA 1 1 REFORMA AGRARIA UN PESO BOLIVIANO MIL BOLIVIANOS (Translation: Central Bank of Bolivia 1 1 Agrarian Reform One Peso Boliviano One Thousand Bolivianos) |
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| Comments |
Bolivia redenominated its currency in 1963, replacing the Boliviano with the Peso Boliviano at a rate of 1,000 to 1 — one of the more severe devaluations in Latin American monetary history at the time, driven by chronic inflation that had rendered low-denomination Boliviano notes effectively worthless. This 1962 printing predates that official changeover by a matter of months, making it a transitional issue printed in anticipation of the reform rather than a response to immediate crisis.
Thomas De La Rue produced the series under contract, as they did for much of Bolivia's mid-century output.