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10 000 000 Pesos Bolivianos

Issuer Banco Central de Bolivia
Year 1985
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Value 10 000 000 Pesos Bolivianos (10 000 000 BOP)
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Obverse description Vignette of Mercury at left, with the issuer's full title arched across the top and the instrument type — Cheque de Gerencia — inscribed below. The face value is rendered in words at centre and repeated in numerals at upper right and lower left, all within a plain border appropriate to the emergency issue format.
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Reverse description The reverse is centred on the BCB monogram of the issuing bank, with the face value in numerals repeated in all four corners and once more beneath the monogram to the right. A block of legal-tender text occupies the upper left, affirming the note's validity for all public and private transactions throughout the national territory.
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Bolivia's hyperinflation of 1984–1985 was among the worst in Latin American history, peaking at an annualized rate exceeding 20,000 percent. This note — denominated at ten million pesos bolivianos — was a functional everyday denomination by the time it entered circulation, not a rarity or an emergency issue. The situation became so extreme that the government ultimately redenominated the entire currency in late 1985, replacing the peso boliviano with the boliviano at a rate of one million to one, which rendered this note worth exactly ten of the new units.

Giesecke & Devrient, contracted for the printing, reportedly airlifted consignments of blank banknote paper into La Paz to meet demand during the crisis period.

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