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Bolivian Currency Information
The Bolivian boliviano is the official currency of Bolivia.
Banknotes: 10, 20, 50, 100, and 200
Coins: 10, 20, 50 centavos and 1, 2, and 5 bolivianos
Fraction: centavos Code: BOB
Symbol: Bs
More Info: Central Bank of Bolivia
The official currency of Bolivia is the boliviano. In this article, we will explore the history and characteristics of the Bolivian boliviano.
History of the Bolivian Boliviano
The boliviano was introduced in 1864, during the presidency of José María Linares. The currency was named after the liberator Simón Bolívar, who led the independence wars of Bolivia and other Latin American countries in the 19th century.
Before the introduction of the boliviano, Bolivia used various foreign currencies, including the Spanish real and the Bolivian peso. In 1963, the Central Bank of Bolivia was created to regulate monetary policy and issue the boliviano as the official currency.
Design and Characteristics of the Bolivian Boliviano
The boliviano is divided into 100 centavos, and coins are available in denominations of 10, 20, and 50 centavos, as well as a 1 boliviano coin. Banknotes are available in denominations of 10, 20, 50, 100, 200 and bolivianos.
The designs of the Bolivian boliviano banknotes feature important figures from Bolivian history and culture, such as the liberator Simón Bolívar and indigenous leader Túpac Katari. They also include images of prominent places and monuments, such as the Salar de Uyuni and the ruins of Tiwanaku.
The Bolivian boliviano is a relatively stable currency, although its value has fluctuated in the past. The Central Bank of Bolivia works to maintain the stability of the boliviano in the international market and has adopted policies to encourage economic growth and reduce inflation.
In summary, the Bolivian boliviano is the official currency of Bolivia and is named after the liberator Simón Bolívar. With its unique design and distinctive characteristics, the boliviano is an important symbol of Bolivia's financial and economic identity.
