bolivar

¹ American  

[bol-uh-ver, buh-lee-vahr, baw-lee-vahr] / ˈbɒl ə vər, bəˈli vɑr, bɔˈli vɑr /

noun

plural

bolivars,

plural

bolivares

1. a coin and monetary unit of Venezuela, equal to 100 centimos. B.

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Bolívar ² American  

[buh-lee-vahr, baw-lee-vahr] / bəˈli vɑr, bɔˈli ḇɑr /

noun

1. Simón El Libertador, 1783–1830, Venezuelan statesman: leader of revolt of South American colonies against Spanish rule.

2. Pico Bolívar, a mountain in western Venezuela, in the Cordillera Mérida: highest elevation in Venezuela. 16,411 feet (5,007 meters).

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Bolivar ¹ British  

/ ˈbɒlɪˌvɑː, boˈliβar /

noun

1. Simon (siˈmon). 1783–1830, South American soldier and liberator. He drove the Spaniards from Venezuela, Colombia, Ecuador, and Peru and hoped to set up a republican confederation, but was prevented by separatist movements in Venezuela and Colombia (1829–30). Upper Peru became a separate state and was called Bolivia in his honour

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bolívar ² British  

/ ˈbɒlɪˌvɑː, boˈliβar /

noun

1. the standard monetary unit of Venezuela, equal to 100 céntimos

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Etymology

Origin of bolivar

First recorded in 1880–85; from Latin American Spanish, named after Simón Bolívar

Example Sentences

Nearly all transactions in Venezuela took place in dollars owing to the hyperinflation and eventual worthlessness of the local bolivar currency.

From MarketWatch

On the black market, where prices are determined by crypto exchange platforms, one US dollar is going for nearly 560 bolivars -- at least an 85 percent difference with the official rate.

From Barron's

An overvalued bolivar currency turned Venezuelans into frequent fliers and big spenders abroad.

From The Wall Street Journal

Increasingly, people live hand to mouth, buying a tomato here, a few onions there as they manage to scrape together enough bolivars for just the basics.

From Barron's

For a time last year, workers could pull out of their pockets a dollar or two and maybe even some worthless bolivares, the local currency.

From Seattle Times