bolivar
noun
bo·li·var bə-ˈlē-ˌvär 
ˈbä-lə-vər
ˈbä-lə-vər plural bolivares ˌbä-lə-ˈvär-ˌās
ˌbō-lē-
or bolivars : the basic monetary unit of Venezuela see Money Table
Example Sentences
Recent Examples on the Web Why is Libra more stable than the Venezuelan bolivar? 
Washington Post, 19 June 2019 Hyperinflation left the Venezuelan bolivar nearly worthless, and the country’s leader, Nicolas Maduro, has refused to concede power in the face of international pressure. Madison Dibble, Washington Examiner, 24 Feb. 2020 In May, the government ended foreign-currency controls for banks, allowing dollars to circulate freely alongside the beleaguered bolivar. Ryan Dube, WSJ, 30 Jan. 2020 By some estimates, there are three times as many dollars in circulation as bolivars, creating a de facto dollarization of the economy that is stabilizing inflation. Washington Post, 25 Dec. 2019 Venezuelan bolivars acquired on the black market could then be used to buy back dollars at the government rate, allowing the people involved to reap massive profits. José De Córdoba, WSJ, 23 Aug. 2018 With no debit card machines working, and few people carrying the vast quantities of bolivars needed to buy goods, the greenback became the primary means of... Santiago Pérez, WSJ, 25 Mar. 2019 The International Monetary Fund says inflation of the Venezuelan bolivar, the country’s currency, is expected to hit a startling 200,000 percent this year. NBC News, 23 Nov. 2019 To restore incentives for saving and investment, one approach would be to replace the bolivar with the U.S. dollar or another stable, widely convertible currency. Eric Martin And Patricia Laya | Bloomberg, Washington Post, 11 Mar. 2019 See More
Washington Post, 19 June 2019 Hyperinflation left the Venezuelan bolivar nearly worthless, and the country’s leader, Nicolas Maduro, has refused to concede power in the face of international pressure. Madison Dibble, Washington Examiner, 24 Feb. 2020 In May, the government ended foreign-currency controls for banks, allowing dollars to circulate freely alongside the beleaguered bolivar. Ryan Dube, WSJ, 30 Jan. 2020 By some estimates, there are three times as many dollars in circulation as bolivars, creating a de facto dollarization of the economy that is stabilizing inflation. Washington Post, 25 Dec. 2019 Venezuelan bolivars acquired on the black market could then be used to buy back dollars at the government rate, allowing the people involved to reap massive profits. José De Córdoba, WSJ, 23 Aug. 2018 With no debit card machines working, and few people carrying the vast quantities of bolivars needed to buy goods, the greenback became the primary means of... Santiago Pérez, WSJ, 25 Mar. 2019 The International Monetary Fund says inflation of the Venezuelan bolivar, the country’s currency, is expected to hit a startling 200,000 percent this year. NBC News, 23 Nov. 2019 To restore incentives for saving and investment, one approach would be to replace the bolivar with the U.S. dollar or another stable, widely convertible currency. Eric Martin And Patricia Laya | Bloomberg, Washington Post, 11 Mar. 2019 See More Word History
Etymology
American Spanish bolívar, from Simón Bolívar
First Known Use
1879, in the meaning defined above
Biographical Definition
Bolívar
biographical name
Bo·lí·var
Si*món sē-ˌmōn-bə-ˈlē-ˌvär
ˌsī-mən-ˈbä-lə-ˌvär,
-vər
1783–1830 South American liberator