Bolivar: meaning, definitions and examples
🇻🇪
bolivar
[ boh-lee-vahr ]
currency
Bolívar is the official currency of Venezuela. It has undergone several redenominations throughout its history due to hyperinflation and economic crises in the country.
Examples of usage
- I exchanged my dollars for bolivars before traveling to Venezuela.
- The price of goods has skyrocketed in bolivars because of inflation.
- You need at least a few hundred bolivars to buy basic groceries today.
historical figure
Simón Bolívar was a Venezuelan military and political leader who played a key role in the establishment of several South American countries independent from Spanish rule. He is often referred to as 'El Libertador' (The Liberator).
Examples of usage
- Simón Bolívar is celebrated as a national hero in several Latin American countries.
- The ideals of Bolívar inspired many leaders across the continent.
- Bolívar's vision for a unified South America influenced political movements even today.
Translations
Translations of the word "bolivar" in other languages:
🇵🇹 болівар
🇮🇳 बोलिवर
🇩🇪 Bolívar
🇮🇩 bolívar
🇺🇦 болівар
🇵🇱 bolívar
🇯🇵 ボリバル
🇫🇷 bolivar
🇪🇸 bolívar
🇹🇷 bolívar
🇰🇷 볼리바르
🇸🇦 بوليفار
🇨🇿 bolívar
🇸🇰 bolívar
🇨🇳 玻利瓦尔
🇸🇮 bolívar
🇮🇸 bolívar
🇰🇿 боливар
🇬🇪 ბოლივარ
🇦🇿 bolivar
🇲🇽 bolívar
Etymology
The term 'bolívar' as a currency is named after Simón Bolívar, a key figure in the Latin American independence movement. He was born on July 24, 1783, in Caracas, Venezuela, and became known for his military prowess and his central role in liberating numerous countries from Spanish colonial rule in the early 19th century. The currency was first introduced in 1879, intended to replace the 'real.' Due to severe inflation from the late 20th century onward, Venezuela has experienced several redenominations of the bolívar, with the most recent occurring in 2018 when the currency was revalued to combat hyperinflation. The name itself embodies the spirit of freedom associated with Bolívar's legacy, and it reflects an important aspect of Venezuela's national identity.