bolivar

noun
bo·li·var | \bə-ˈlē-ˌvär, ˈbä-lə-vər \
plural bolivares\ˌbä-lə-ˈvär-ˌās, ˌbō-lē- \ or bolivars

Definition of bolivar 

(Entry 1 of 2)

: the basic monetary unit of Venezuela — see Money Table

Bolívar

biographical name
Bo·lí·var

Definition of Bolívar (Entry 2 of 2)

Si*món \sē-ˌmōn-bə-ˈlē-ˌvär; ˌsī-mən-ˈbä-lə-ˌvär, -vər\ 1783–1830 South American liberator

Examples of bolivar in a Sentence

Recent Examples on the Web: Noun

Venezuela's bolivar has lost most of its value due to the country's hyperinflation. Jim Wyss, miamiherald, "Venezuela's currency is worth so little that artisans are making purses out it," 20 June 2018 Per Google, one U.S. dollar is worth 68,915 bolivar. Chris Morris, Fortune, "'World of Warcraft' Currency Is Now Worth 7 Times as Much as Venezuela's Cash," 7 May 2018 The Venezuelan bolivar has lost almost all of its value since 2007. Mike Bird, WSJ, "Iran, China Seek to Loosen Dollar’s Grip on Global Markets," 23 Apr. 2018 As Fortune breaks it down, the U.S. dollar is worth roughly 68,915 bolivar. Ryan Gaydos, Fox News, "'World of Warcraft' in-game currency worth nearly 7 times more than Venezuelan bolivar, report says," 10 May 2018 One US dollar today is worth 68,915 bolivares, according to the black market exchange rate the locals use. Andrea Diaz, CNN, "'World of Warcraft's' virtual gold is seven times more valuable than Venezuela's real money," 8 May 2018 As the Venezuelan bolivar becomes increasingly irrelevant, citizens are transforming the country into one run by a barter economy. Chris Morris, Fortune, "Forget the Bolivar, in Venezuela Bartering Is the New Economy," 7 May 2018 Buying dollars with bolivars became a lucrative national pastime until 1983, when President Luis Herrera Campins announced exchange controls. Mary Anastasia O’grady, WSJ, "Venezuela’s Long Road to Hell," 10 June 2018 By June 2, under Maduro’s plan, new bolivars with lower denominations would be circulated — but old ones, with denominations as high as 100,000, would remain valid. Rachelle Krygier, Washington Post, "Venezuela hopes to tackle the world’s worst inflation by deleting zeros from its currency," 23 Mar. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'bolivar.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of bolivar

Noun

1879, in the meaning defined above

History and Etymology for bolivar

Noun

American Spanish bolívar, from Simón Bolívar

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Last Updated

4 Oct 2018

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The first known use of bolivar was in 1879

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