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| 正面描述 | Intaglio portrait of Cecilio Guzmán de Rojas at right, rendered in a fine engraved vignette against a multicolour guilloche underprint in blue and gold tones. The Bolivian national arms appear at lower centre, with the bank title and denomination in bold letterpress across the upper and central areas respectively. A law reference date is inscribed below the bank title. |
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| 防伪类型 | Watermark, Security thread |
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Bolivia redenominated its currency in 1987 at a rate of one million to one, replacing the devastated peso boliviano after an inflation episode that had reached an annualized rate of over 20,000 percent in 1985 — one of the most severe hyperinflations recorded in Latin American history. This note belongs to the first series issued under the restored boliviano, making it a direct product of that stabilization.
Three printers across two continents produced runs of this series — De La Rue in London, Oberthur in France, and the Spanish Fábrica Nacional de Moneda y Timbre. Differentiating printer origin typically requires examining signature combinations and plate letter prefixes rather than surface examination.