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20 Bolivianos Dalence, Series F-J

Issuer Banco Central de Bolivia
Year 2001-2015
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Printer Canadian Bank Note Company, Canada; De La Rue (Thomas De La Rue & Co.; TDLR), London, United Kingdom; Oberthur Fiduciaire (François-Charles Oberthur Fiduciaire; FCO; Oberthur Technologies), France
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Signature(s) Morales & Marinero
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Protection description Pantaleón Dalence's portrait, visible when held to light; embedded security thread running vertically through the note.
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Comments

P#224 spans an unusually long production run for a single Bolivian denomination — over a decade and a half, across three separate printers. Canadian Bank Note Company, De La Rue, and Oberthur each produced portions of this series, which accounts for subtle but detectable differences in ink saturation and thread placement between print batches. Collectors tracking by series letter (F through J) can often attribute specific letters to specific printers, though Banco Central de Bolivia has never published a definitive breakdown.

The 20 boliviano denomination was reintroduced in 1986 following the catastrophic hyperinflation that had wiped out earlier monetary units entirely — at its peak in 1985, Bolivia recorded annual inflation above 20,000 percent.

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