The "Colorados de Bolivia" designation on this issue refers to the Colorado Regiment, an elite unit of the Bolivian army that historically served as a presidential guard. The 2017 circulation series that included this denomination was part of a broader effort by the Banco Central de Bolivia to refresh the national coinage with patriotic and institutional themes after years of inflationary pressure had eroded confidence in lower-denomination pieces.
Stainless steel adoption in Bolivian coinage accelerated after the nickel-clad issues of earlier decades proved costly to source during commodity price swings in the 2000s.
The "Colorados de Bolivia" designation on this issue refers to the Colorado Regiment, an elite unit of the Bolivian army that historically served as a presidential guard. The 2017 circulation series that included this denomination was part of a broader effort by the Banco Central de Bolivia to refresh the national coinage with patriotic and institutional themes after years of inflationary pressure had eroded confidence in lower-denomination pieces.
Stainless steel adoption in Bolivian coinage accelerated after the nickel-clad issues of earlier decades proved costly to source during commodity price swings in the 2000s.