Bolivian boliviano

1 EUR = 9.57816 BOB 100 BOB = 10.44042 EUR

1 CHF = 7.82849 BOB 100 BOB = 12.77385 CHF

The Boliviano ( Abbreviation: B ) is the currency of Bolivia.

A Boliviano is into 100 centavos (abbreviation c. ) Subdivided.

Coins and banknotes

In circulation are banknotes of 10, 20, 50, 100 and 200 bolivianos, as well as coins of 10, 20, 50 centavos, 1, 2 and 5 bolivianos

The previously existing coins of 5 and 2 centavos are no longer nachgeprägt and are virtually disappeared from circulation; in particular the 2- centavos coins have become collector's value. There were originally certificates to 2 and 5 Bolivianos, but these were later replaced by coins

The coins are made of stainless steel, the newer 10 centavos coins have a coating of copper, 5- Bolivianos coin is composed of two metals, the outside made ​​of steel, in the center of bronze. There are two different sized 2- Bolivianos coins in circulation ( an older and a newer version ). The 2 Bolivianos coin is not round, but has eleven corners.

From the notes next to each other older and newer series in circulation, each slightly different in the security features and the color scheme are ..

The Bolivian Central Bank leaves the coins and notes of the Spanish Fábrica Nacional de Moneda y Mint timbre in Madrid produce, only the inserted end of 2001 5 - Boliviano coins are minted by the Royal Canadian Mint in Canada. Currently coins are minted to 50 centavos coin in the state- Baden -Wuerttemberg in Stuttgart.

History

" Boliviano " was already 1864-1953 the name of the Bolivian currency, which in 1963 replaced by the peso boliviano. Today Boliviano was introduced in 1987 and replaced the peso boliviano, which had become almost worthless due to high inflation. The exchange rate was 1 Bs = 1 million pesos. In the colloquial language of the Boliviano is still occasionally Peso, especially in small amounts and individual coins.

Relative to the dollar

After its introduction in 1987 the exchange rate was Boliviano against the U.S. dollar is about 1:1, but he lost constantly in value. From the mid-1990s years of lasting value dollars in Bolivia established itself more and more, reaching the status of a de facto second currency, but was never official currency.

To strengthen the Boliviano as a means of payment initially limited to two years of tax initially was 0.3% on 1 July 2004 ( from July 1, 2005: 0.25%) on purely domestic dollar transfers with a value over U.S. $ 1,000.00 introduced ( Impuesto a las Transacciones Financieras - abbreviation: ITF). In fact, the exchange rate has Boliviano against the dollar stabilized significantly since the introduction of the tax ( approx resistant (8:1). The tax was therefore initially renewed in 2006 for another three years until July 2009, the tax rate was at 0.15 % lowered (Act No. 3446 of 21 July 2006).

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