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Thursday, 8 November 2018

843) 50 Boliviano Banknote, Bolivia: The third Banknote circulated by the "Banco Central de Bolivia" (Central Bank of Bolivia) in the New 2018 Banknote Series: This Banknote introduced into circulation on 15.10.2018:

843) 50 Boliviano Banknote, Bolivia: The third Banknote circulated by the "Banco Central de Bolivia" (Central Bank of Bolivia) in the New 2018 Banknote Series: This Banknote introduced into circulation on 15.10.2018:

Bolivia (officially known as "The Plurinacional State of Bolivia") is a land-locked country located in Western-central South America. Its capital is Sucre, but the seat of government and financial centre is in La Paz. The largest city is Santa Cruz de la Sierra. It is bordered to the North and East by Brazil, to the South-east by Paraguay, to the Sounth by argentina, to the South-west by Chile and to the North-west by Peru.

Its population of about 11.0 million people is multi-ethnic and includes Amerindians, Mestizos, Europeans, Asians and Africans. Before Spanish colonisation, the Andean region of Bolivia was part of the Inca Empire. Spanish conquistadors coming from Cuzco and Asuncion occupied the region. during the 16th Century. 

The Independence Movement/Revolution of 1809 was followed by 16 years of intense wars, before the Republic was established by Simon Bolivar, a Venezuelan National Hero, whose leadership liberated several South American countries from the Spanish yoke. The Boliviano (currency of Bolivia) is named to honour Simon's contribution to Bolivia's freedom.

The Boliviano is the currency of Bolivia, denominated in 100 Cents or Centavos in Spanish. Its name is derived from the Venezuelan Revolutionary leader Simon Bolivar.

The First Boliviano (1864 - 1963) was introduced in 1864 and consisted of 8 Soles or half a Scudo in the former currency. It was sub-divided into 100 Centecimos and later in 1870 to Centimos.  The name Bolivar was used for an amount of 10 Bolivianos.

The Second Boliviano (1987) replaced the first Boliviano with the Bolivian Peso at an exchange rate of 1 million to 1 new Bolivian Peso (or the 1 new Boliviano). This was necessitated to combat the rampant inflation which had overtaken the country's economy.

The 1987 Banknote Series (or The first series of Banknotes) - 1987-2018):

As an interim measure, till the time of printing and circulation of new Banknotes, the Boliviano Peso Banknotes were overprinted with denominations in Centavos and Bolivianos and put into circulation as a provisional currency consisting of the following denominations - 1, 5, 10 and 50 Centavos and 1, 5 and 10 Bolivianos.

In the same year, new Banknote issues of the denominations of 2, 5, 10, 20, 50 100 and 200 Bolivianos were printed and circulated.

In 1991, the 2 Boliviano Banknote was replaced with a coin of the same denomination.

In 2001, a 5 Boliviano Coin replaced the circulating Banknote of the same denomination.2 Boliviano Banknote 

On the Front of the 10 Boliviano Banknote was depicted an image of the painter Cecilio Guzman, while on the Back was an image of the "Heroinas de la Coronilla" monument in the  city of Cochabamba.

This Banknote has been replaced by the 10 Boliviano Banknote of the 2018 Series of Banknotes in April 2018.

On the Front of the 20 Boliviano Banknote was an image of the lawyer Pantaleon Dalence, while on the Back was an image of the "Casa Dorada" (or the "Golden Colonial House") in Tarija.

This Banknote has been replaced by the 20 Boliviano Banknote of the 2018 Series of Banknotes in July 2018.

On the Front of the 50 Boliviano Banknote was an image of the painter Melchor Perez de Holguin, while on the Back was an image of the "Torre de la Campania" (or the "Tower of Church of the Society of Jesus") in the city of Potosi.

This Banknote has been replaced by the 50 Boliviano Banknote of the 2018 Series of Banknotes on 15.10.2018.

On the Front of the 100 Boliviano Banknote is an image of the historian Gabriel Rene Moreno, while on the Back is an image of the Mayor Real and Papal University of Saint Francisco Xavier of Chuquisaca in the capital city of Sucre.

On the Front of the 200 Boliviano Banknote is the image of the writer and former President of Bolivia - Franz Tamayo, while on the Back is seen an image of the pre-Inca Empire of Tiahuanaco on the shores of Lake Titicaca in the State of La Paz.

The 2018 Banknote Series (or the Second Series):

In 2018, the Banco Centrale de Bolivia (or "The Central Bank of Bolivia") has introduced new designs in a new family of five Banknotes which are replacing the existing designs with the theme of "Figures of the Libertarian deed, Flora and Fauna in danger of extinction and National Heritage". 

These Banknotes will bear the official name of the country "Estado Plurinacional de Bolivia" to reflect the multi-culturalism of the country and all its citizens.

The denominations included in this Series are - 10, 20, 50, 100 and 200  Bolivianos, which retain the presently circulating numerical values.

The predominant colours of the new Banknotes are similar to the presently circulating ones - 10 Boliviano (blue), 20 Boliviano (orange), 50 Boliviano (violet), 100 Boliviano (red) and 200 Boliviano (brown).

All denominations of Banknotes will have the same dimensions - 140 mm x 70 mm.

The Banknotes are printed on cotton paper as hitherto-before.

The denominations are scheduled to be issued from April 2018 until 2019 at intervals of three months approximately. The remaining two denominations 100 Boliviano and 200 Boliviano will be issued on January 2019 and April 2019 respectively.

The printing of these Banknotes is being done by Oberthur Fuduciare SAS.

The existing Banknotes will continue to be in circulation, until they are used up or taken out of circulation by the Banks on deposit thereat.

The Front of the 50 Boliviano Banknote placed against the background of the Back of the Backnote. This Banknote has been put into circulation in 

The three National heroes shown on the front of this denomination are :

A) Jose Manuel Baca "Canoto" (1790-1854):

He is remembered as Independent guerilla fighter, singer and poet, who at the age of 20 participated in the Membiray uprising of 1810. He enrolled in the patriotic ranks and participated in the Battle of Florida of 1814, the campaign of Chiquitos in 1815 and El Pari of 1816. Exiled in Argentina, he joined other exiled forces and when he returned to Bolivia, he fought alongside Colonel Jose Manuel Mercado who continued to fight the Spanish royalists. Baca obtained the posthumous promotuion of Colonel in 2003.

 B) Bruno Racua (1879-1932): He was a Bolivianborn in La Paz. An indigenous Tacana who was part of the "Columna Porvenir" that participated in the Acre War and the Battle of Bahia (1902). This detail successfully attacked and set on fire the ammunition stores of the enemy with a group of archers. This action decisively halted the advance of the Brazilian invaders on Cobija. He was proclaimed a National Hero  and 

C) Pablo Zarate "Willka" (a Bolivian military and political leader and Colonel in the Bolivian army). He participated in the Federal War of 1899-1900 along with 50,000 Avmaras, demanding liberation of the settlers, indigenous participation in the government and the restitution of communal lands.  He was allied with Jose Manuel Pando and built a consensus of organisation against the Federal Communal Government "Proclama de Caracollo" that was dispersed because he and other leaders were seen as a threat to national stability. Subsequently, he was arrested, interrogated and executed.

In the centre of this face of the Banknote is the Incallajta Fortress, a set of buildings originally erected by the Incas between 1463 and 1472 that is now an archaeological monument, which is a National Landmark.

It was once the political, administrative and ceremonial centre of the Eastern border of the Inca Empire. It consists of eight types of buildings built in stone and mud, where the Kallanka style of architecture stands out, which is a colossal character and is unique due to its central location and construction.

On the Back of the 50 Boliviano Banknote are seen three features - the "Nevado Sajama" (an extinct volcano), the rare and endangered Andean Flamingo, a species native to the Andes and a Quinua real plant (or "Quinoa" in English)

This is the third  denomination which have been put into circulation.

The Nevada Sajama volcano: This extinct volcano is located in the Western Cordillera and has a height of 6,542 metres above sea-level with a symmetrical form of great grandeur and scenic beauty. In its skirts and surroundings, there are unique habitats with native flora including quenua forest and medicinal plants and fauna which is in danger of extinction.

Bolivian Flora: Real Quinua: A millenary plant of the Andean Region, it has adapted to extreme conditions of height, temperature, light rainfall and soil salinity. Its grain is internationally recognised for being an exceptional food with high nutritional value and for its organic production.

Bolivian Fauna: Flamenco Andino: Renowned as a graceful bird with colourful and thermal characteristics in its plumage, its beak is adapted to allow it to feed on aquatic micro-organisms. They live in large colonies and groups who are a familiar scene in many parts of South America due to their migratory behaviour. It is the largest flamingo in Bolivia at 105 centimetres in height but are highly vulnerable to predators and egg gatherers, prompting this bird to be listed as an endangered species.

Previous Banknote denominations already put into circulation from April 2018 onwards in phases:


The 10 Boliviano Banknote was the first denomination to be introduced in the new Series in April 2018

On the Front  of the 10 Boliviano Banknote is seen images of the "Caverna de Umajalanta" (Umajalanta Cavern), Jose Santos Vargas "El Tambor Vargas" (1796-NA), Apiaguaiki Tupa (1863-1892) and Eustaguio Mendez "El Moto Mendez" (1784-1849),  all heroes of the Liberation Movement & the revolutionary wars..

A) Jose Santos Vargas, "El Tambor Vargas" (born 1796): He was a guerilla fighter who fought for 10 years in the War of Independence until acquiring the rank of Commander of Mohosa. He founded a newspaper that is considered one of the most fascinating documents of that struggle.

B) Apiaguaiki Tupa (1863-1892): He was a Guarani leader who fought against the subjugation of the lands of his people and the abuse of power of the authorities of the time. He managed to survive the Kuruyuki massacre of 1892, but was later arrested and executed.

C) Eustaquio Mendez "El Moto Mendez" (1785-1849): He is remembered as a Geurilla leader during the War of Independence who participated in the battles of Tucuman (1812), Salta (1813) and La Tablada (1817). He promoted the incorporation of Tarija to the Republic of Bolivia.

On the Back of the 10 Boliviano Banknote is seen a humming-bird as SPARK, landscape of the "Isla del Pescado" (Fish Island) in "Salar de Uyuni" salt flat; "Picaflor Gigante" (giant hummingbird) perched on a tree branch and the large Puya Raimondi plant. Interestingly, the Banknote is dated "26 DE NOVEMBRE DE 1986", but it has been put into circulation in April 2018.

The colour of this Banknote is predominantly blue. Its dimensions/size are 140 mm x 70 mm.

The Isla Del Pescado, Salar De Uyuni: This is a popular tourist attraction located in the middle of the Salar de Uyuni, which in the distance resembles the figure of a fish. From its summit is visible the Tunupa volcano and the Salar de Uyuni - one of the natural wonders of the world.

Giant Picaflor (Picaflor Gigante): This bird of the Andean region is characterised by its large size (up to 22 centimetres) in relation to others of its kind. It has the ability to easily change direction while flying, even in reverse. It stays suspended in the air to feed on the nectar of the flora of its habitat.

The Large Puya Raimondi: This plant can exceed 10 metres in height and is typical of the Andean area, whose flowering occurs only once when it reaches an age of about 80 years, then it dies. Due to constant decrease in numbers owing to change in climate, it is in danger of extinction.

The Numismatic Centre of Buenos Aires, organiser of the LatiNum awards, has awarded the first prize to this new 10 Boliviano Banknote, and has recognised it as the best design in Latin America in the event organised on 5-6.10.2018 in Argentina.

The Front of the 20 Boliviano Banknote shows the images of Genoveva Rios (1865-NA), Pedro Ignocio Muiba (NA-1811) and Tomas Katari (1740-1781) all national heroes.

Genoveva Rios (born 1865): She is remembered as the young girl who rescued the Bolivian flag that was flying in the Antofagasta Police Department, guarding it under her clothes to avoid the outrage of the patriotic symbol by the Chilean invaders. In 1904, the flag was delivered to the consul of Bolivia in Iquique and returned to the country a decade later.

Tomas Katari (1740-1781): He was an indigenous leader from Potosi who denounced the Spanish Viceroy of the Rio de la Plata, the economic extortion and abuses of the colonial authorities. His imprisonment motivated the rebellion of Pocoata in Chayanta province (1780). He was captured and killed by the Spanish royalists.

Pedro Ignacio Muiba (born 1811): A speaker of the mojeno-trinitario language, he led and motivated the rebellions of the peoples of the region against colonial institutions. He survived the massacre of Trinidad (1811) but was later captured and killed. His sacrifices enabled the establishment of a short-lived indigenous government until 1822.

The Back of the 20 Boliviano Banknote showing a Caiman Negro reptile/alligator, the traditional Toborochi Tree on one side on an island,  and the Laguna Bay.

This Banknote was issued in July 2018 and its predominant colour is red. Its Dimensions/Size are - 140 mm x 70 mm. 

Laguna Bay: This area is one of the main tourist attractions of the National Reserve of Amazonian Wildlife Manuripi and known as the "Aquarium of Bolivia" for its crystal clear waters and the variety of fish that can be observed/seen here. It is surrounded by a lush forest landscape that is home to great bio-diversity in flora and fauna.

Caiman Negro: This is one of the largest reptiles in the Amazon and can exceed six metres in length. It has a dark back and light belly, robust conformation and its muscular tail allows it to swim in rivers and lagoons. Its hunting is prohibited because it is listed as a Vulnerable Species in the Red Book of the Vertebrate Wildlife of Bolivia.

The traditional Toborochi Tree: This species is predominant in the East and South-east of the country with a height of 6 to 12 metres. They are characterised by having a protruding trunk and stingers that stores water for the dry season. This beautiful tree blooms in autumn and is popular for both religious and traditional folklores of several indigenous peoples.








Links to some other interesting posts from South American countries & Mexico:

1) The Evolution of Mexican Coinage



24) Bolivar Soberano (or "Sovereign Bolivar"), Venezuela: (2018 Series of Banknotes) introduced by Banco de National, the Central Bank of Venezuela on 20.08.2018 

6 comments:

  1. Vikram Bhatnagar has commented:
    "I so wish some sense enters the great occupiers of the US of A, who have practically wiped out an entire lot of human original inhabitants of that geography and, they too bring out stamps, record and recognise the art, lifestyle, medical knowledge etc. of those folks, lest it be lost to mankind! The "first" person, a lady, has recently been elected to the House of Representatives there.
    Seeing the features of Bolivians reminded me of similar "original" people and races which existed and thrived in North America, before they were virtually annihilated at the altar of so called development, as in Western capitalism!"

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    1. The Europeans did actually wipe out all the cultures in these lands. All over the Andes there was a communication system called Khipu through which several details regarding taxes, agriculture customs we're passes down from generation to generation through coloured pieces of rope with knots tied in them. This was like the first computers. They stole all the Inca and Aztec gold, murdered the peace loving people wiped out their beliefs and history carved out in stone, advanced solar calendars and imposed their religious beliefs and cultures on them. Now they are trying to revisit these advanced cultures which their earlier generations wiped out all over The Americas. Never thought about peaceful coexistence .

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  2. Raj Kumar Srivastava has commented:
    "They were no different in India. Did all this and more.😔"

    ReplyDelete
  3. Absolutely, Raj. In fact all over the world, wherever they went.

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  4. Anoop Banerjee has commented:
    "The indigenous tribes on the South American continent had all but been wiped out by the Spaniards, Portugese & Dutch, followed by German, British & French. The Spanish Conquistadors came to loot the gold from the Aztec & Incas for their Queen. The others followed loot their land. It continues to this day. Che Guevara was a result of this struggle against colonialism."

    ReplyDelete