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After reaching a low of about 2.2 million per US$1, the peso improved and stabilized around 1.8–1.9 million per dollar. A new monetary unit, the boliviano, was created by Law No. 901 of November 28, 1986, and a currency reform was announced December 30, 1986, effective January 1, 1987. This new boliviano replaced the peso boliviano.
One boliviano is divided into 100 centavos. The boliviano replaced the Bolivian peso at a rate of one million to one in 1987 after many years of rampant inflation. At that time, 1 new boliviano was roughly equivalent to 1 U.S. dollar. At the end of 2011 the boliviano was only worth around 0.145 U.S. Dollar. [35]
Following many years of rampant inflation, the bolivian peso was replaced in 1987 by a new boliviano at a rate of one million to one (when 1 US dollar was worth 1.8/1.9 million pesos). At that time, 1 new boliviano was roughly equivalent to 1 ⁄ 2 U.S. dollar.
Fixed currency Anchor currency Rate (anchor / fixed) Abkhazian apsar: Russian ruble: 0.1 Alderney pound (only coins) [1]: Pound sterling: 1 Aruban florin: U.S. dollar: 1.79
Currency ISO 4217 code Symbol or Abbrev. [2]Proportion of daily volume Change (2019–2022) April 2019 April 2022 U.S. dollar: USD $, US$ 88.3%: 88.5%: 0.2pp Euro
Tesla and X CEO Elon Musk spent over a quarter of a billion dollars to help get President-elect Donald Trump back in the White House, according to newly released campaign finance records. The ...
From January 2008 to December 2012, if you bought shares in companies when Donald R. Keough joined the board, and sold them when he left, you would have a 9.0 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
In 1987, the peso boliviano was replaced by the new boliviano at a rate of one million to one (when 1 US dollar was worth 1.8–1.9 million pesos bolivianos). At that time, 1 new boliviano was roughly equivalent to 52 U.S. cents.