Meaning

noun the basic unit of money in Venezuela; equal to 100 centimos

noun Venezuelan statesman who led the revolt of South American colonies against Spanish rule; founded Bolivia in 1825 (1783-1830)

originMost places named Bolivar are named after Simón Bolívar (1783–1830), a South American leader—even those whose naturalized English name does not use the Spanish-language orthography or pronunciation.

Etymology from Wiktionary, CC BY-SA 3.0