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10 Centavos de Boliviano overprinted on P# 188
| Issuer | Banco Central de Bolivia |
|---|---|
| Year | 1987 |
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| Value | Log in to see details |
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| Printer | Casa da Moeda do Brasil, Brazil |
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|---|---|
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| Reverse description | The reverse carries two blocks of legal-tender text positioned at the upper right and lower right, flanking a central panel with the face value '$b. 100 000' in large numerals over a guilloche underprint incorporating the currency symbol. The legends specify the note's national legal tender status and its 90-calendar-day validity period computed from the date of issue. |
| Reverse lettering | ESTE CHEQUE TIENE CIRCULACION LEGAL A NIVEL NACIONAL Y SIRVE PARA PAGO DE TRANSACCIONES PUBLICAS Y PRIVADAS $b. 100 000 TIENE VALIDEZ DE 90 DIAS CALENDARIO COMPUTABLE DESDE LA FECHA DE EMISION (Translation: This check is legal tender at national level and is valid for payment of public and private transactions. $b. 100 000 Has validity of 90 consecutive days counted from date of issue) |
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| Comments |
Bolivia's hyperinflationary crisis of the mid-1980s was among the worst in recorded history — peak annual inflation reached approximately 24,000 percent in 1985. The overprint program that produced this note was a direct consequence: rather than print new low-denomination paper, the Banco Central applied centavo values onto existing boliviano stock after the 1987 monetary reform introduced the boliviano fuerte at a conversion rate of one million to one. The old currency became, quite literally, a substrate for the new one.
Overprint issues of this type were transitional instruments, rarely held long enough to accumulate serious wear before being replaced by purpose-printed notes.