bolivar

noun

bo·​li·​var bə-ˈlē-ˌvär  ˈbä-lə-vər 

plural bolivares ˌbä-lə-ˈvär-ˌās 

ˌbō-lē-

or bolivars

: the basic monetary unit of Venezuela see Money Table

Examples of bolivar in a Sentence

Recent Examples on the Web

Analysts say there will eventually have to be a price-stoking correction to the exchange rate, which has been held at 36.5 bolivars to the dollar for seven months. —Reuters, NBC News, 23 July 2024

Although the unofficial exchange rate has risen to more than 1,000 Venezuelan bolivars per U.S. dollar, the government forces international oil companies to adhere to the absurdly low official rate of ten bolivars per dollar for some of their oil sales. —Lisa Viscidi, Foreign Affairs, 1 Aug. 2016

But even the semi-floating DICOM rate, which is currently at about 600 bolivars per dollar, would significantly help energy companies. —Lisa Viscidi, Foreign Affairs, 1 Aug. 2016

The minimum wage paid in bolivars is the equivalent of $5 per month, down from $30 in April. —Regina Garcia Cano, ajc, 5 Mar. 2023

Word History

Etymology

American Spanish bolívar, from Simón Bolívar

First Known Use

1879, in the meaning defined above

Kids Definition

bolivar

noun

bo·​li·​var bə-ˈlē-ˌvär  ˈbäl-ə-vər 

plural bolivars or bolivares ˌbäl-ə-ˈvär-ˌās 

ˌbō-li-

1

: the basic unit of money of Venezuela

2

: a coin representing one bolivar

Etymology

American Spanish bolívar "unit of money," named for Simón Bolívar

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