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Bolivian peso
The peso boliviano was the currency of Bolivia between 1963 and 1987. It was divided into 100 centavos and replaced the boliviano at a rate of one thousand to one. The peso boliviano suffered hyperinflation in the mid-1980s, resulting in its replacement by a new boliviano in 1987 at a rate of one million to one. The symbol of the pesos bolivianos was $b.
Coins
In 1965, coins were introduced in denominations of 5, 10, 20 and 50 centavos. The 5 and 10 centavos were struck in copper-clad steel, whilst the 20 and 50 centavos were in nickel-clad steel. A 1 peso boliviano coin was introduced in 1968, flowed by a 25 centavos in 1971 and a 5 pesos bolivianos in 1976. All three were struck in nickel-clad steel. All coins ceased to be struck by 1980.
Banknotes
In 1963, banknotes (dated 1962) were introduced by the Central Bank in denominations of 1, 5, 10, 20, 50 and 100 pesos bolivianos. This first issue carried the denomination in bolivianos on the reverse. 500 pesos bolivianos were added in 1981, followed by 1000 pesos bolivianos in 1982 and 5000, 10,000, 50,000 and 100,000 pesos bolivianos in 1984.
In 1984, the Central Bank began to issue Cheques de Gerencia (Guarantee Cheques). The first year saw denominations of 5000, 10,000, 20,000, 50,000, 100,000, 500,000 and 1 million pesos bolivianos. In 1985, denominations of 5 and 10 million pesos bolivianos were added.
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This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article Bolivian peso
