About the Bolivian Boliviano
The current Boliviano was introduced in 1987, replacing the Peso Boliviano at a rate of one million to one, as part of a monetary reform program to combat hyperinflation.
The currency is named after Simón Bolívar, the Venezuelan military and political leader who played a key role in Latin America's struggle for independence from the Spanish Empire.
Interesting Facts
Named After a Liberator
The Boliviano is named in honor of Simón Bolívar, a revered figure who led several South American countries to independence.
Crawling Peg
Bolivia uses a crawling peg exchange rate system, where the currency is allowed to fluctuate within a narrow band against the U.S. dollar.
Heroes of the Nation
The new series of banknotes issued since 2018 features national heroes, indigenous leaders, and important historical sites.
Historical Timeline
The first Boliviano is introduced.
The Peso Boliviano replaces the Boliviano.
The second and current Boliviano (BOB) replaces the Peso Boliviano.
Denominations
Banknotes
Coins
Security Features
Quick Facts
- ISO Code
- BOB
- Symbol
- Bs.
- Numeric Code
- 068
- Subunit
- Centavo (1/100)
- Introduced
- 1987-01-01
Central Bank
- Name
- Central Bank of Bolivia
- Headquarters
- La Paz, Bolivia
- Founded
- 1928
- Current Governor
- Edwin Rojas (since 2023)
Economic Data
- Reserve Currency Share
- 0.0%
- Forex Volume Share
- 0.0%
- Inflation Rate
- 1.3%
- Interest Rate
- 3.0%
Exchange Rates
What Affects the BOB Exchange Rate?
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