Bolivian boliviano


The boliviano is the currency of Bolivia. It is divided into 100 cents or centavos in Spanish. Boliviano was also the name of the currency of Bolivia between 1864 and 1963. From April 2018, the manager of the Central Bank of Bolivia, Pablo Ramos, announced the introduction of the new family of banknotes of the Plurinational State of Bolivia, started with the 10 Bs note, and then gradually arrived to introduce the 200 Bs note, presented in April 2019. The new family of banknotes of the Plurinational State received several awards such as "the best banknotes in Latin America", was highlighted by its security measures, its aesthetics and its inclusion of prominent figures in Bolivian history, being among those who awarded the "Latin American High Security Printing Press Conference".

First boliviano

The first boliviano was introduced in 1864. It was equivalent to eight soles or half a scudo in the former currency. Initially, it was subdivided into 100 centécimos but this was altered to centavos in 1870. The name bolivar was used for an amount of ten bolivianos.

Second boliviano

Following many years of rampant inflation, the bolivian peso was replaced in 1987 by a new boliviano at a rate of one million to one. At that time, 1 new boliviano was roughly equivalent to 1 U.S. dollar.

Coins

In 1988, stainless-steel 2, 5, 10, 20 and 50 centavo and 1 boliviano coins were introduced, followed by stainless-steel 2 bolivianos in 1991. Copper-plated steel 10 centavos were introduced in 1997 and bi-metallic 5 bolivianos in 2001. The 2 and 5 centavo coins are no longer in circulation. The 2 boliviano coin has been minted in two sizes, both of which remain legal tender. The smaller 2 boliviano coin is almost the same as the 1 boliviano coin, leading to potential confusion, although the 2 boliviano coins are undecagonal whilst the 1 boliviano coins are round.
All the coins in Bolivia has the obverse the number of the amount of money with the inscription "La union es la Fuerza" and in the reverse the coat of arms of Bolivia with the inscription "Estado Plurinacional de Bolivia".

Banknotes

In 1987, peso boliviano banknotes were overprinted with denominations in centavos and bolivianos to produce provisional issues of 1, 5, 10 and 50 centavos, and 1, 5 and 10 bolivianos. Regular issues followed the same year in denominations of 2, 5, 10, 20, 50, 100 and 200 bolivianos. The 2 boliviano note was replaced by a coin in 1991, with the same happening to the 5 boliviano in 2001, although the Bolivian central bank still lists the 5 boliviano note as "in circulation"
-The 10 Bolivianos bill has in the obverse to the painter Cecilio Guzman and reverse an image of city of Cochabamba. -The 20 Boliviano bill has in the obverse to the lawyer Pantaleon Dalence and in the reverse an image of The Golden Colonial House of Tarija. The 50 Boliviano bill has in the obverse to the painter Melchor Perez and in the reverse you can see the Tower of Church of the Society of Jesus in the city of Potosi- The 100 Boliviano bill has in the obverse of the great historian Gabriel Rene Moreno and the reverse one image of the Mayor Real and Papal University of Saint Francisco Xavier of Chuquisaca in the capital, the city of Sucre, the 200 Boliviano bill has to the obverse to the writer and former president of Bolivia, Franz Tamayo and in the reverse an image of ruins of the Pre-Inca empire of Tihuanaco in the shores of Lake Titicaca in the state or department of La Paz
As of 2013. The 2 and 5 Bolivianos bills are officially out of circulation.
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In 2018, the Central Bank of Bolivia unveiled a new family of banknotes, and will be issued by order of denomination. The notes are the first to bear the formal name of Bolivia "Estado Plurinacional de Boliva", to reflect the multiculturalism of the country and all of its citizens.
ImageValueMain ColorObverseReverseWatermark
2 bolivianosBlackAntonio Vaca DiezPando refugeSimón Bolívar
5 bolivianosOlive-greenAdela ZamudioVirgen del Socavon churchSimón Bolívar
10 bolivianosBlueCecilio Guzman de Rojas"Heroinas de la Coronilla" monument in CochabambaSimón Bolívar
20 bolivianosOrangePantaleon DalenceCasa Dorada in TarijaSimón Bolívar
50 bolivianosPurpleMelchor Pérez de HolguinTorre de la CompañiaSimón Bolívar
100 bolivianosRedGabriel René MorenoSan Francisco Xavier de Chuquisaca University in SucreSimón Bolívar
200 bolivianosBrownFranz TamayoTiahuanacoSimón Bolívar

ImageValueMain ColorObverseReverseWatermark
10 bolivianosBlueJosé Santos Vargas "El Tambor Vargas", Apiaguaiki Tumpa, Eustaquio Méndez "El Moto Méndez". Umajalanta Cavern Landscape of Isla del Pescado in Salar de Uyuni salt flat. Giant hummingbird and Puya raimondiiJosé Santos Vargas, drum and electrotype 10
20 bolivianosOrangeGenoveva Ríos, Tomás Katari and Pedro Ignacio Muiba. El Fuerte de SamaipataBlack caiman and Toborochi Genoveva Ríos and electrotype 20
50 bolivianosPurpleJosé Manuel Baca "Cañoto", Bruno Racua, Pablo Zárate also known as Willka. Incallajta FortressNevado Sajama, Andean flamingo and QuinoaJosé Manuel Baca "Cañoto", guitar and electrotype 50
, 100 bolivianosRedJuana Azurduy de Padilla, Alejo Calatayud, Antonio José de Sucre. National Mint of BoliviaArco Iris Waterfall, Heliconia rostrata, Hyacinth Macaw
, 200 bolivianosBrownTupak Katari, Bartolina Sisa, Simón Bolivar. House of FreedomTiwanku, Cantua buxifolia, Andean Mountain Cat

Manufacture and production

As of 2013 the Boliviano is still manufactured abroad, in countries such as the United Kingdom, France, and Chile, even though Bolivia has been politically independent since 1825.
Though Bolivia was one of the main mints of the colonial era the coining and printing of currency stopped due to lack of political interest and on the idea that foreign made coins and banknotes could be acquired at a lower price than the Bolivian-made coins and banknotes.