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20 Bolivianos Dalence, Series A-C

Issuer Banco Central de Bolivia
Year 1987-1993
Type Standard circulation banknote
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Reverse description The central vignette presents a finely engraved intaglio rendering of the Casa Dorada in Tarija, the architectural composition spanning the full width of the note. Guilloche numeral "20" panels appear at left and lower right as part of the underprint, flanking the central scene. The denomination VEINTE BOLIVIANOS and the issuer's name are carried in banners at top and bottom, with the caption CASA DORADA TARIJA inscribed beneath the central vignette.
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Protection description Pantaleón Dalence portrait watermark visible when held to light; embedded security thread running vertically through the note.
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Comments

Bolivia's chronic hyperinflation of the mid-1980s — which peaked at over 20,000% annually in 1985 — forced a complete currency redenomination in 1987, replacing the peso boliviano at a rate of one million to one. This 20 Bolivianos note belongs to that replacement issue, the new boliviano being a deliberate psychological reset as much as a monetary one.

The dual-printer arrangement — Spain's Fábrica Nacional de Moneda y Timbre and France's Oberthur handling different series within the A-C run — is worth noting when distinguishing printings, as paper and ink characteristics can differ subtly between them.

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