Catalog
50 Bolivianos
| Issuer | Banco Central de Bolivia |
|---|---|
| Year | 2011 |
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| Printer | Canadian Bank Note Company, Canada |
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| Obverse description | The obverse is printed in multicolour with a light guilloche underprint in green and orange tones. At centre-right, an intaglio portrait vignette of Melchor Pérez de Holguín, the colonial Baroque painter, faces three-quarters left, rendered in dark brown. The title 'BANCO CENTRAL DE BOLIVIA' appears at top centre, with the denomination 'CINCUENTA BOLIVIANOS' in bold letterpress at centre-left, flanked by the numeral '50' at upper-left and lower-right; the Bolivian coat of arms is printed at lower centre, and two serial numbers appear in dark ink. |
|---|---|
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| Reverse lettering | BANCO CENTRAL DE BOLIVIA TORRE DE LA COMPAÑÍA CINCUENTA BOLIVIANOS 50 |
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| Comments |
Bolivia's 1985 hyperinflation — one of the worst in twentieth-century history, peaking at over 20,000 percent annually — forced a complete monetary replacement. The boliviano was reintroduced at a rate of one million old pesos per new boliviano, and this 50-boliviano note belongs to the first emission of that stabilization series, issued under Decree 21060 and the "Nueva Política Económica" shock therapy program designed by economist Jeffrey Sachs.
Printed domestically at the Casa de la Moneda in Potosí — the colonial mint now repurposed as Bolivia's national printing house — the series marked a rare instance of a country producing its own emergency redenomination notes in-house rather than contracting abroad.