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It has a value, inflation-adjusted between the Bolivian boliviano and the US dollar. It is used in financial instruments due to its stable value. The name wikt:MVDOL is derived from moneda nacional con mantenimiento de valor al dólar estadounidense ([Bolivian] national currency with value maintained to the US dollar).
The currency reform of January 1, 1963 adopted the peso boliviano, equal to 1,000 bolivianos, with an initial central exchange rate of 11·875 per US$1. But inflation soon returned and the peso boliviano was devalued 39.4% on October 27, 1972, with a new official rate of 20·00 per US$1 .
Bolivian boliviano; Boliviano (1864–1963) Bolivian peso; Bolivian sol; N. National Mint of Bolivia This page was last edited on 27 January 2020, at 00:38 ...
The Unidad de Fomento de Vivienda (UFV) is an inflation-adjusted unit of account used in Bolivia. [1] [2] The UFV is used as a non-circulating currency, and the exchange rate between the UVF and the Bolivian boliviano is set by the Central Bank of Bolivia, calculated on the basis of the Consumer Price Index published by the National Institute of Statistics of Bolivia (INE).
MVDOL (ISO 4217 code BOV), a Bolivian account currency tied to the US dollar Topics referred to by the same term This disambiguation page lists articles associated with the title Bov .
A currency is a kind of money and medium of exchange.Currency includes paper, cotton, or polymer banknotes and metal coins.States generally have a monopoly on the issuing of currency, although some states share currencies with other states.
Shaw, W.A. (1967) [1896], The history of currency 1252 to 1894: being an account of the gold and silver moneys and monetary standards of Europe and America, together with an examination of the effects of currency and exchange phenomena on commercial and national progress and well-being, New York: G.P. Putnam's Sons, reprinted by Augustus M ...
The dollar sign, also known as the peso sign, is a currency symbol consisting of a capital S crossed with one or two vertical strokes ($ or depending on typeface), used to indicate the unit of various currencies around the world, including most currencies denominated "dollar" or "peso".