Plural of bolivar, the former currency of Venezuela named after Simón Bolívar.
From the name Simón Bolívar (1783-1830), the Venezuelan military leader who liberated South America from Spanish rule; '-es' is the Spanish plural suffix.
The bolivar hyperinflated so catastrophically in the 2010s that at one point millions of bolivares equaled just one US dollar—it's a stunning example of how currency can collapse when a country's economy breaks down.
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