Bolivia Currency: Bolivian Exchange Rate

As of 2009 the exchange rate in Bolivia is being artificially held at a single, stable amount, per steps taken by the Bolivian Government to curtail currency exchange fluctuations that made it difficult to calculate and exchange Bolivian Money.

The economy in Bolivia is neither politically nor socially stable and the value of Bolivia currency, the “boliviano” (BOB), increases and decreases with the rises and falls in value of the U.S. Dollar and the Euro.

This meant that the Bolivian exchange rate changed every day and had to be published on the covers of Bolivian Newspapers so the Population could know how much their money was worth from one day to the next.

The economy suffers as a result of its strong dependence upon the value of the dollar and other currencies and the Bolivian government has declared that the “boliviano” will remain at a stable exchange rate of 7.07 bolivianos per dollar until further notice.

This means general statistical calculations regarding the economy of Bolivia, such as inflation rates, the real costs of goods and services, economic growth rates, indexes and other economic factors differ depend on the variables different organizations use to research, calculate and publish information about the Bolivian economy.

For the general population, however, it makes calculating prices a lot easier, even if they don’t really understand the ramifications this has on the true value of their money. Read more about the economy in Bolivia on our Bolivia Economy Home Page where you’ll find a brief history, information on projections, and a list of online resources you can use to find more official information on Bolivian money, currency and economic issues. For more specific statistics, such as information on the country's population, main exports, trade rules, and natural resources, visit our Bolivian Economic Statistics page.

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