Bolivian Boliviano

About The Bolivian Boliviano: The Currency of Bolivia

Quick Facts About the Bolivian Boliviano Notes

Country of Origin	Bolivia
Symbol	The Bolivian boliviano symbol is Bs
Currency Code	BOB
Nick Names
Minor units	Centavo
Denominations (Banknotes)	Bs 10, Bs 20, Bs 50, Bs 100, Bs 200
Motto
Identification Feature	To identify a genuine Bolivian boliviano currency banknote, you need to look for:    1. Every Bolivian boliviano has a distinct colour  2. They feature prominent Bolivian Individuals  3. They carry a watermark
Issuing Bank	Banco Central de Bolivia/ Central bank of Bolivia
In Circulation Since	1987

Bolivia's national currency is the Bolivian boliviano (BOB). One boliviano is equal to 100 centavos. Bolivia's currency, the Bolivian boliviano, has been in use since 1864 when it replaced the peso. The boliviano is issued and regulated by the Central Bank of Bolivia. The Bolivian boliviano exchange rate to other currencies varies according to market conditions.

The Central Bank of Bolivia is also responsible for regulating Bolivian boliviano Forex cards. The live Bolivian boliviano rate can be tracked through major Forex and currency exchange sites.

The Bolivian boliviano to USD exchange rate is 0.14**.** The Bolivian boliviano currency exchange rate for other major currencies is:

1 Euro = 7.36 Bolivian boliviano

1 Pound = 8.32 Bolivian boliviano

To buy Bolivian boliviano or sell Bolivian boliviano you will have to follow the laws and rules set by the central bank.

History of the Bolivian Boliviano

In Bolivia, the Bolivian boliviano has a lengthy history. It was initially adopted in 1864, replacing the peso as the country's official currency. The Bolivian boliviano was initially linked to the gold standard, which meant that its value was related to the value of gold and that it could be exchanged for a predetermined quantity of gold.

However, the boliviano's value has fluctuated significantly throughout the years. Bolivia suffered a period of economic instability and severe inflation in the early 1900s, which resulted in the depreciation of the Bolivian boliviano. The government enacted a number of economic changes in the 1930s, including a stabilisation plan that tied the Bolivian boliviano price to the US dollar.

Bolivia had another era of economic instability and severe inflation in the 1980s, leading to the devaluation of the Bolivian boliviano once more. In the 1990s, the government adopted a new set of economic reforms, including the introduction of a new currency known as the boliviano fuerte (strong boliviano), in an effort to stabilise the currency and reduce inflation.

Countries Accepting the Bolivian Boliviano

Amount in the Bolivian Boliviano You Should Carry for Your Trip

When visiting a new country, it's usually a good idea to bring some local currency with you, since it may be more convenient and save you money than using your credit card or converting money at a higher rate.

It's impossible to specify how many Bolivian bolivianos (BOB) you should bring to Bolivia because it will depend on your particular spending patterns and the length of your trip. When deciding how much money to bring, consider your lodging, transportation, meals, activities, and any souvenirs or other goods you may wish to purchase.

In general, for your vacation to Bolivia, bring a mix of cash and a credit or debit card. You can use your card to withdraw cash from ATMs or make purchases at merchants that accept card payments, but you may also use cash for smaller transactions in circumstances where card payments are not accepted. It's also a good idea to keep a few small denominations of Bolivian boliviano on hand in case you need to make a minor transaction or tip. To give a rough estimate, you will need around 3000 BOB for a week-long stay in Bolivia.