5 000 000 Pesos Bolivianos

Bolivia's hyperinflation of 1984–85 was among the worst the Western Hemisphere has ever seen, peaking at an annualized rate exceeding 20,000 percent. This note is a direct artifact of that collapse — a five-million-peso denomination that would have been unremarkable at the checkout of an ordinary shop. The government's response came in January 1986 with the introduction of the boliviano, replacing the peso boliviano at one boliviano per one million pesos, which meant this note was worth exactly five of the new units.

Giesecke & Devrient produced over twelve million examples, a print run that reflects the sheer volume of currency the economy was consuming.