What is this vintage, felt, coned shaped head piece/hat

I've looked to see what this is from all over the net. I just don't know what to call it. I thought it might be a monkey vendor hat or an kids hat from old TV shows but I'm stumped. Any help will be appreciated.....

 

Might just be a 1950s sun hat. From the mambo & cha cha phase.

Debora

 

I'm going to guess it's from Bolivia.

 

I should have added that it's seems to be more of a kids hat because it is quite small.

 

True ribbon colors of Bolivian flag but red, green, yellow also found in 1950s fashion palette.

Debora

 

Made me think of this guy from Beach Blanket Bingo:

 

MOS LOL

 

Probably a souvenir from a trip and not necessarily meant to be worn. I think probably the brim was up and it just wilted over the years. I agree those ribbons represent the Bolivian flag.

 

Thank you all!!!!