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10 000 000 Pesos Bolivianos
| Issuer | Banco Central de Bolivia |
|---|---|
| Year | 1985 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Peso boliviano (1963-1986) |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | Log in to see details |
| Reverse lettering | $b. 10.000.000 $b. 10.000.000 ESTE CHEQUE TIENE CIRCULACION LEGAL A NIVEL NACIONAL Y SIRVE PARA PAGOS DE TRANSACCIONES PUBLICAS Y PRIVADAS BCB $b. 10.000.000 $b. 10.000.000 $b. 10.000.000 (Translation: $b. 10,000,000 $b. 10,000,000 This check is legal tender at national level and is valid for payment of public transactions and private. B.C.B. (Initials of Central Bank of Bolivia) $b. 10,000,000 $b. 10,000,000 $b. 10,000,000) |
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| Variants | P#192a - issued note; series A |
| Comments |
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.