Catalog
| Issuer | Banco Central de Bolivia |
|---|---|
| Year | 1986 |
| Type | Standard circulation banknote |
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| Obverse description | The obverse is dominated at right by an intaglio portrait vignette of Adela Zamudio, the celebrated Bolivian poet and educator, set against fine guilloche underprint work in green and pink tones. The bank title BANCO CENTRAL DE BOLIVIA appears in bold letterpress across the top, with the denomination CINCO BOLIVIANOS in large intaglio lettering at centre. The Bolivian national coat of arms appears at lower centre, flanked by corner numeral 5 designators and two facsimile signature lines reading PRESIDENTE BCB and GERENTE GENERAL BCD respectively. |
|---|---|
| Obverse lettering | BANCO CENTRAL DE BOLIVIA LEY 901 DE 28 DE NOVIEMBRE DE 1986 CINCO BOLIVIANOS ADELA ZAMUDIO PRESIDENTE BCB GERENTE GENERAL BCD 5 |
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| Comments |
This note was part of Bolivia's emergency redenomination in 1986, when the peso boliviano was replaced by the boliviano at a rate of 1,000,000 to 1 — one of the most extreme currency collapses in Latin American history. Hyperinflation had peaked at over 20,000% annually in 1985 before the Paz Estenssoro government implemented the shock stabilization program known as Decreto Supremo 21060.
Thomas De La Rue's involvement was practical necessity: Bolivia lacked domestic printing capacity adequate for the rapid retooling a redenomination required.