The currency of Bolivia. Currency code (BOB)
The boliviano is the currency of Bolivia. It is divided into 100 cents or centavos in Spanish. Boliviano was also the name of the coin of Bolivia between 1864 and 1963. From April 2018, the manager of the Central Bank of Bolivia, Pablo Ramos, announced the introduction of the new family of banknotes of the Plurinational State of Bolivia, started with the 10 Bs note, and then gradually arrived to introduce the 200 Bs note, presented in April 2019. The new family of banknotes of the Plurinational State received several awards such as "the best banknotes in Latin America," which was highlighted by its security measures, its aesthetics, and its inclusion of prominent figures in Bolivian history, being among those who awarded the "Latin American High-Security Printing Press Conference."
Main article: Boliviano (1864–1963)
The first boliviano was introduced in 1864. It was equivalent to eight soles or half a scudo in the former currency. Initially, it was subdivided into 100 centécimos, but this was altered to centavos in 1870. The name bolivar was used for an amount of ten bolivianos.
Following many years of rampant inflation, the Bolivian peso was replaced in 1987 by a new boliviano at a rate of one million to one ( when 1 US dollar was worth 1.8/1.9 million pesos ). At that time, one new boliviano was roughly equivalent to 1/2 U.S. dollar.