Catalog
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| Issuer | Banco Central de Bolivia |
|---|---|
| Year | 1984 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| In circulation to | 18 September 1984 |
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| Obverse description | Issued in the form of a Cheque de Gerencia (Management Check), the obverse bears the vignette of Mercury at upper left, with the issuer's name arched across the top. The body of the instrument carries the authorizing decree reference and issuance date in letterpress, with the face value expressed both in words at centre and in numerals at middle right and lower left. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | ESTE CHEQUE TIENE CIRCULACION LEGAL A NIVEL NACIONAL Y SIRVE PARA PAGO DE TRANSACCIONES PUBLICAS Y PRIVADAS $b. 50000 TIENE VALIDEZ DE 90 DIAS CALENDARIO COMPUTABLE DESDE LA FECHA DE EMISION (Translation: This check is legal tender at national level and is valid for payment of public and private transactions. $b. 50000 Has validity of 90 consecutive calendar days counted from the date of issue) |
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| Comments |
Bolivia's inflation in the early 1980s was among the worst recorded in the Western Hemisphere — by 1985, the annual rate had exceeded 11,000 percent. This 50,000 Pesos Bolivianos note was part of the emergency high-denomination releases that preceded the complete monetary collapse and the government's eventual introduction of the Boliviano in 1987, at a conversion rate of one million to one.
Jeffries Banknote Company of Los Angeles handled the printing — a smaller commercial security printer occasionally contracted by Latin American central banks when European houses were unavailable or too slow to respond to an urgent reorder.