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| 正面描述 | Orange-brown note with a central vignette of Pantaleon Dalence, a prominent Bolivian statesman, rendered in intaglio to the right. The bank title BANCO CENTRAL DE BOLIVIA appears in an orange panel across the top, with the denomination VEINTE BOLIVIANOS in large letterpress text to the left of center. Guilloche underprint patterns fill the background, and two signature lines with titles PRESIDENTE and GERENTE GENERAL are printed below the central text. |
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| 背面描述 | Orange-brown reverse centered on a detailed intaglio vignette of the Casa Dorada in Tarija, a notable neoclassical building, with the numeral 20 in large format to the left within a circular guilloche medallion. The bank title BANCO CENTRAL DE BOLIVIA is printed across the top, and the denomination VEINTE BOLIVIANOS appears in a panel along the bottom. The legend CASA DORADA TARIJA is inscribed below the architectural vignette. |
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Bolivia's 1986 monetary reform replaced the collapsed peso boliviano with the new boliviano at a rate of one million to one — among the more extreme redenominations of the twentieth century, triggered by hyperinflation that had peaked at roughly 23,000 percent annually in 1985. This note entered circulation as part of the founding series of that new currency.
Canadian Bank Note Company handled the printing, as they did for much of the initial boliviano issue. A watermark provides the sole documented security feature — modest protection for a country still rebuilding institutional credibility after one of Latin America's worst monetary collapses.