US Dollar to Bolivian Boliviano Exchange Rate

Live Rate

= Bs. 6.9156

Refreshing in: 60s | Tue, Oct 22, 01:26PM GMT

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How can I get the best exchange rate between US dollar and Bolivian Boliviano?

Depending on whether you are planning to send money to someone in Bolivia or planning a trip to the country, there are different options available for exchanging your US dollars to Bolivian bolivianos.

If you’re traveling to Bolivia, bringing a debit card and withdrawing cash is an inexpensive option if you’re card waives international ATM fees. Other options include traditional money changers that will exchange US dollars for Bolivian bolivianos or exchanging cash in the bank — this may be pricier.

Online money transfer services are often the best option for sending money to someone in Bolivia. These services usually offer lower fees and better exchange rates than banks and they also process your transaction faster.

US Dollar

The US dollar is the most traded currency in the world. The world’s unofficial reserve currency, it can be found in most major currency pairs. In forex, it’s an important benchmark and target rate for countries that fix or peg their currencies against its value. It is also used as the standard currency for oil, precious metals and other commodities.
Currency:US Dollar
Currency Symbol:$
Sub unit:cents
Sub unit symbol:c
Bank notes:$1, $5, $10, $20, $50, $100
Coins:1c, 5c, 10c, 25c, 50c

Bolivian Boliviano

The boliviano is the official currency of Bolivia, a South American country boasting more than 30 official languages and 36 native cultures. Bolivia is named after Simon Bolivar, a leader in the Spanish American wars of independence.
Currency:Bolivian Boliviano
Currency Symbol:Bs.
Sub unit:centavo
Sub unit symbol:Cvs.
Bank notes:Bs. 10, 20, 50, 100, 200
Coins:10Cvs, 20Cvs, 50Cvs; Bs. 1, 2, 5

What affects exchange rates between the US dollar and Bolivian boliviano?

Today, the Bolivian boliviano is a free-floating currency. That means that the exchange rate of this currency with the US dollar depends on the supply and demand of both currencies. Also, the factors that determine the supply and demand of US dollar and Bolivian boliviano are not just limited to Bolivia and the United States, but can be determined by events anywhere in the world.

Economic and political developments in Bolivia are an important factor for the exchange rate. Although economic development in Bolivia is improving, it happens at a fairly slow pace. If the political situation in Bolivia stabilizes, the exchange rate of the boliviano compared to the US dollar will likely go up.

Higher interest rates in either Bolivia or the United States also affect exchange rates. If Bolivia raised its interest rates, more investors would be interested in putting bolivianos into local Bolivian banks, thus increasing the demand for bolivianos. Similarly, lower interest rates in Bolivia leads to a lower exchange rate for the Bolivian boliviano.

Send money from USD to BOB

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
USD 1 Within an hour USD 3.99 6.874 BOB 3,410 Use promo code 3FREE to send your first 3 transfers with no fee. Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up. Go to site Show details
USD 1 3 - 5 days USD 0.00 6.777 BOB 3,389 No fees for bank account transfers and cash pickup at 240,000 locations in 130+ countries. Go to site Show details

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How does the Bolivian boliviano trade against the US dollar historically?

The Bolivian boliviano replaced the Bolivian peso in 1987 in an attempt to counter inflation. At that time, one boliviano was equal to one US dollar. When the new boliviano replaced the old peso in 1987, Bolivia had for years suffered under uncontrollable inflation. The new currency was introduced at a rate of one million pesos to one boliviano.

Today, one Bolivian boliviano is worth just 0.145 US dollar. The country lacks a modern, well-developed capital market and inflation has been a big problem over the past couple of decades.

In recent years, the Bolivian government has chosen to follow a “strong currency” policy, meaning the priority of the central bank is to maintain a strong exchange rate between the Bolivian boliviano and other currencies, mainly the US dollar. Although this policy has proved to be damaging for the country’s export sector, it will likely remain in place since it is very popular in the Bolivian population. A strong currency means that imported goods will be cheaper for the local population, while also keeping inflation under control.

US Dollar to the Bolivian Boliviano for the last 10 days

Oct 12 Oct 13 Oct 14 Oct 15 Oct 16 Oct 17 Oct 18 Oct 19 Oct 20 Oct 21
1 USD = 6.9124 Inverse: 0.1447 6.9151 Inverse: 0.1446 6.9169 Inverse: 0.1446 6.9172 Inverse: 0.1446 6.9138 Inverse: 0.1446 6.9098 Inverse: 0.1447 6.9156 Inverse: 0.1446 6.9156 Inverse: 0.1446 6.9156 Inverse: 0.1446 6.9146 Inverse: 0.1446

US Dollar to the Bolivian Boliviano for the last 10 months

Dec 2018 Jan 2019 Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019
1 USD = 6.9096 Inverse: 0.1447 6.9134 Inverse: 0.1446 6.9122 Inverse: 0.1447 6.8918 Inverse: 0.1451 6.9102 Inverse: 0.1447 6.8972 Inverse: 0.1450 6.9132 Inverse: 0.1447 6.9088 Inverse: 0.1447 6.8732 Inverse: 0.1455 6.9128 Inverse: 0.1447

US Dollar to the Bolivian Boliviano for the last 10 years

Oct 2009 Oct 2010 Oct 2011 Oct 2012 Oct 2013 Oct 2014 Oct 2015 Oct 2016 Oct 2017 Oct 2018
1 USD = 6.9693 Inverse: 0.1435 6.9705 Inverse: 0.1435 6.9552 Inverse: 0.1438 7.0003 Inverse: 0.1429 6.9131 Inverse: 0.1447 6.9108 Inverse: 0.1447 6.9024 Inverse: 0.1449 6.9066 Inverse: 0.1448 6.8973 Inverse: 0.1450 6.9118 Inverse: 0.1447

Market rate for common transfer amounts USD to BOB

US Dollars (USD) Bolivian Boliviano (BOB)
$1 0
$100 0
$500 0
$1000 0
$1500 0
$2500 0
$5000 0

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