Боливияның бұрынғы валютасы: Песо боливиано

Former currency of Bolivia

The peso boliviano (ISO 4217 code: ) was the currency of Bolivia from January 1, 1963, until December 31, 1986. It was replaced by the boliviano. It was divided into 100 centavos. The conversion rate was 1,000,000 pesos bolivianos to 1 boliviano. "$b." was the currency symbol for the peso boliviano.

On December 15, 1959, Bolivia had introduced a comprehensive economic stabilization program that abolished most currency restrictions on the boliviano, which had suffered badly from inflation. The program adopted a fluctuating exchange rate that was finally stabilized in 1962 at 11,875 bolivianos to the US dollar. The currency reform of January 1, 1963 adopted the peso boliviano, equal to 1,000 bolivianos, with an initial central exchange rate of 11·875 per But inflation soon returned and the peso boliviano was devalued 39.4% on October 27, 1972, with a new official rate of 20·00 per This rate was maintained until November 30, 1979, when the peso boliviano was put on a controlled float, initially at 25.00 Inflation accelerated. The official rate was devalued February 5, 1982 to 44 per The average exchange rate was 64.12 in 1982, 229.78 in 1983, and 2314 in 1984. By September 1985 the US dollar was worth a million pesos bolivianos on the black market. President Paz Estenssoro announced a free exchange rate for the peso, which was floated on August 29, 1985, resulting in an effective devaluation of 95%. All exchange controls were lifted and the exchange rate was set twice weekly according to supply and demand. Its value continued to fall and by January 1986 the government was setting a new exchange rate daily in an attempt to boost confidence in the economy. After reaching a low of about 2.2 per , the peso improved and stabilized around 1.8 per dollar. A new monetary unit, the boliviano, was created by Law No. 901 of November 28, 1986, and a currency reform was announced December 30, 1986, effective January 1, 1987. This new boliviano replaced the peso boliviano. At 1 boliviano = 1,000,000 pesos bolivianos.

Banknotes denominated in the peso boliviano were released in 1963 in denominations of 1, 5, 10, 20, 50, and 100. For a time, the denomination in the old boliviano appeared on the back of the notes. A 500 was added to the series in 1981 and a 1000 in 1982. In 1982 the $b.100 was released in a simplified version, without a security thread and with the back lithographed rather than engraved. Fearing that these poorer quality notes were forgeries, people avoided them to such an extent that after a few months Banco Central Bank resumed issuing the older type of 100. As inflation gathered pace, Banco Central introduced cheques de gerencia (cashier's cheques, certified cheques, bank drafts) for 5000 and 10,000 pesos bolivianos in 1982. By the summer of 1983 notes of 1, 5, and 20 were no longer seen in circulation, which consisted of notes for 10, 50, 100, 500, and 1000 pesos bolivianos. Denominations of 5000 and 10,000 appeared sometime later. Hyperinflation left insufficient time to provide for regular banknotes, and 1984 1985 saw Banco Central release the simpler cheques de gerencia for 20,000, 50,000, 100,000, 500,000, 1 million, 5 million, and 10 million pesos bolivianos (printed by four different printers). Regular banknotes for 50,000 and 100,000 pesos also appeared in circulation, being that such banknotes have a similar design to the 5 peso and 1 peso banknotes respectively. By the spring of 1986 the currency in circulation effectively consisted of cheques de gerencia ranging from 100,000 to 10 million pesos bolivianos and "low" denomination banknotes of 50,000 and 100,000 pesos bolivianos.