Convert United States Dollar to Bolivian Boliviano
Please provide values below to convert United States Dollar [USD] to Bolivian Boliviano [BOB], or Convert Bolivian Boliviano to United States Dollar.
How to Convert United States Dollar to Bolivian Boliviano
1 USD = 0.144709423477657 BOB
Example: convert 15 USD to BOB:
15 USD = 15 × 0.144709423477657 BOB = 2.17064135216485 BOB
United States Dollar to Bolivian Boliviano Conversion Table
| United States Dollar | Bolivian Boliviano |
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United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
Bolivian Boliviano
The Bolivian Boliviano (BOB) is the official currency of Bolivia, used for all monetary transactions within the country.
History/Origin
Introduced in 1987 to replace the Bolivian peso, the Boliviano has undergone various redenominations and reforms to stabilize Bolivia's economy and control inflation.
Current Use
The Boliviano remains the primary currency in Bolivia, widely used in everyday transactions, banking, and commerce across the country.