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HomeCurrenciesWhat is BOB currency?What is BOB currency symbol and code?

What is BOB currency?What is BOB currency symbol and code?

What is BOB currency

The boliviano (sign: Bs[1][2] ISO 4217 code: BOB) is the currency of Bolivia. It is divided into 100 cents or centavos in Spanish. Boliviano was also the name of the currency 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.[3] The new family of banknotes of the Plurinational State received several awards such as “the best banknotes in Latin America”, 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”.

BOB Coins

In 1988, stainless-steel 2, 5, 10, 20 and 50 centavos and 1 boliviano (dated 1987) coins were introduced, followed by stainless-steel 2 bolivianos in 1991. Copper-plated steel 10 centavos were introduced in 1997 and bi-metallic 5 bolivianos in 2001. The 2 and 5 centavo coins are no longer in circulation. The 2 boliviano coin has been minted in two sizes, both of which remain legal tender. The smaller 2 boliviano coin is almost the same as the 1 boliviano coin, leading to potential confusion, although the 2 boliviano coins are undecagonal whilst the 1 boliviano coins are round. All the coins in Bolivia have the value with the inscription “La union es la Fuerza” (“Union is strength” in Spanish) on the obverse and the coat of arms of Bolivia with the inscription “Estado Plurinacional de Bolivia” (Plurinational state of Bolivia) on the reverse.

BOB Banknotes

In 1987, last peso boliviano banknotes and cheques de gerência were overprinted with denominations in centavos and bolivianos to produce provisional issues of 1, 5, 10 and 50 centavos, and 1, 5 and 10 bolivianos. Regular issues followed the same year in denominations of 2, 5, 10, 20, 50, 100 and 200 bolivianos. The 2 boliviano note was replaced by a coin in 1991, with the same happening to the 5 boliviano in 2001, although the Bolivian central bank still lists the 5 boliviano note as “in circulation” -The 10 Bolivianos bill has in the obverse to the painter Cecilio Guzman and reverse an image of city of Cochabamba. -The 20 Boliviano bill has in the obverse to the lawyer Pantaleon Dalence and in the reverse an image of The Golden Colonial House of Tarija. The 50 Boliviano bill has in the obverse to the painter Melchor Perez and in the reverse you can see the Tower of Church of the Society of Jesus in the city of Potosi- The 100 Boliviano bill has in the obverse of the great historian Gabriel Rene Moreno and the reverse one image of the Mayor Real and Papal University of Saint Francisco Xavier of Chuquisaca in the capital, the city of Sucre, the 200 Boliviano bill has to the obverse to the writer and former president of Bolivia, Franz Tamayo and in the reverse an image of ruins of the Pre-Inca empire of Tihuanaco in the shores of Lake Titicaca in the state or department of La Paz.

As of 2013. The 2 and 5 Bolivianos bills are officially out of circulation.

In 2018, the Central Bank of Bolivia (Banco Central de Bolivia) unveiled a new family of banknotes, and will be issued by order of denomination. The notes are the first to bear the formal name of Bolivia “Estado Plurinacional de Boliva” (Plurinational State of Bolivia), to reflect the multiculturalism of the country and all of its citizens.