Brazil
In 1986, Brazil celebrated the 100th Anniversary of the birth of Hestor Villa-Lobos.  Villa-Lobos had become a world famous classical composer and established a very distinctive style,includigin his music many of the native melodies of Brazil.  The front of the commemorative note has his portrait on the right, and in the watermark.  The back of the note shows Villa-Lobos conducting, with a background of native trees and a flute.
   - P212 - 500 Cruzeiros - ND (1986) - Printer CdM-B

Brazil also commorated the 100th Year of the republic.  Portugal originallycontrolled allof Brazil as a colony.  During the turmoil of the Napoleonic Wars, Brazil declared its independence.  On 7 September 1822, Dom Pedro I declared Brazil independent and himself emperor.  From his death in 1831 until 1840, the empire was ruled by a regency.  Dom Pedro II tookover the rule inhis own right in 1840, abdicating his rule in November 1889 in the favor of a new republic.
   - P221 - 200 Cruzados Novos - ND (1989) - CdM-B
   - P224 - the above note devalued, with an over-stamp to 200 Cruzeiros - 1989 - CdM-B
   - P229 - 200 Cruzeiros - ND (1990) - CdM-B

Colombia
Colombia's next commemorative printing was to celebrate the 100th Anniversary of the Constitution.  For years political strife had prevented economic and cultural advancement within the country.  In 1886, liberal and conservative politicians came together to form the constitutional government that survives today.
   - P434 - 5,000 Pesos - 5 August, 1986 - BDDK

Dominican Republic
Once again banking became a topic for commemorative printing.  The Dominican Republic celebrated the 35th Anniversary of the Banco Central de la Republica Dominicana, 1947 - 1982.  In 1947 the bank was made the sole bank of issue for the country's paper currency.  Prior to 1947, currency used in everyday exchange was U.S. money.
   - P125A - 100 Pesos Oro - 22 October, 1982 - Specimen notes only, with special commemorative text overprint. - TDLR

Venezuela
Venezuela remembered two native sons during this decade.  The Bi-centennialof the Birth of Andres Bello, 1781 - 1865, was celebrated in 1981.  A poet, Bello was born in Caracas and was a life-long friend of the "Great Liberator" Simon Bolivar.  Bello was the founder of the University of Chile. On the right front of the note is a portrait of Bello which also shows in the watermark on the left.  The back of the note illustrates a scene of Bello instructing Bolivar.

A second commemorative note celebrates the Bi-centennialof the Birth of Rafael Urdaneta, born in 1789.  As a commanding general, Urdaneta was a major influence in Venezuela's battle for independence from Spain.  His major victory was the Battle of Lake Maricaibo.  The front of the note has Urdaneta's portrait on the right and in the watermark on the left.  The back illustrates the battle of Maracaibo.
   - P71 - 20 Bolivares - 20 October, 1987 - TDLR

The twenty-three commemorative notes produced by fourteen other countries are as follows:

Australia
   - P49a - $10.00 - 26 january, 1988 - 200th Anniversary of the First Fleet.

Falkland Islands
   - P12 - L5.00 - 14 June, 1983 - 150th Year of English Rule.

Kenya
   - P25a - 20 Shillings - 12 December 1988 - 25th Anniversary of Independence.

Macao
   - P64 - 10 Pataca - 24 November, 1989 - 35th Anniversary of the Grand Prix.

New Zealand
   - P176 - $10.00 - 1990 - 100th Anniversary of the Treaty of Waitangi - BWC.

North Ireland
   - P69 - L20.00 - 1983 - 200th Year of the Bank of Ireland.

Philippines
   - P166a,b - 2 Pesos - 1981 - Celebration of the Papal Visit.
   - P167a,b - 10 Pesos - 1981 - Celebration of the Inauguration of President Marcos.
   - P175a,b - 5 Pesos - 1986 - Commemorative of President Aquino's visit to the U.S.
   - P176a,b - 5 Pesos - 18 October, 1987 - Celebrates the Canonization of San Lorenzo Ruiz.
   - P177a,b - 5 Pesos - 1989 - 40th Anniversary of the Central Bank.
   - P178 - 5 Pesos - 1990 - Celebrates Women's Rights.

Portugal
   - P179b - 100 Escudos - 12 February, 1987 - 300th Anniversary of Portuguese paper money.  prefix to the serial number is FIL.  Notes are in decorative folders.

Singapore
   - P30 - $50.00 - 9 August, 1990 - 25th Anniversary of Independence.

Sudan
   - P22 - L20.00 - 1 January, 1981 - 25th Anniversary of Independence.

Swaziland
   - P6 - 10 Emalangeni - 1981 - Diamond Jubilee of King Sobhusa II.
   - P7 - 20 Emalangeni - 1981 - Diamond Jubilee of King Sobhusa II.
   - P17 - 20 Emalangeni - 19 April, 1989 - 21st Birthdayof King Maswati II.

Thailand
   - P93a - 60 Baht - 5 December, 1987 - 60th Birthday of King Rama IX.

Tonga
   - P23a - 20 Pa'anga - 4 July, 1985 - King's Birthday Issue.
   - P24a - 50 Pa'anga - 4 July, 1988 - King's Birthday Issue.
   - P30 - 20 Pa'anga - 7 January, 1989 - Inauguration of the National Reserve Bank of Tonga.

Western Samoa
   - P31a,b,c - 2 Taka - ND (1990) - 50th Anniversary of the Head of State.

Part 5 will cover the years 1991 to 1994, completing this review of the first century of Latin America's commemorative currency.  A total of eight notes were printed in latin America