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20 Bolivianos Dalence, Series D-E

Issuer Banco Central de Bolivia
Year 1995-1997
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Printer De La Rue (Thomas de la Rue; Thomas De La Rue & Co.; TDLR), London, United Kingdom (1821-date); Oberthur Fiduciaire (Francois-Charles Oberthur Fiduciaire; FCO; Oberthur Technologies), France (1984-date)
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Obverse lettering BANCO CENTRAL DE BOLIVIA VEINTE BOLIVIANOS PANTALEON DALENCE
(Translation: Central Bank of Bolivia 20 Bolivianos Pantaleon Dalence)
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Protection type Watermark, Security thread
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Comments

Two printers — De La Rue and Oberthur Fiduciaire — produced this series, which is why minor differences in ink density and thread placement exist between Series D and Series E examples. Bolivia split printing contracts between multiple suppliers throughout the 1990s, partly as a practical hedge against supply disruption and partly to avoid dependence on any single foreign vendor after the hyperinflationary crisis of the mid-1980s had badly damaged institutional confidence.

The 20 Boliviano denomination was reintroduced as part of the 1987 monetary reform that replaced the collapsed Peso Boliviano at a rate of one million to one.

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