Search results
Results from the WOW.Com Content Network
On December 15, 1959, Bolivia had introduced a comprehensive economic stabilization program that abolished most currency restrictions on the boliviano, which had suffered badly from inflation. The program adopted a fluctuating exchange rate that was finally stabilized in 1962 at 11,875 bolivianos to the US dollar .
Though Bolivia was one of the main mints of the colonial era (casa de la moneda, Potosí) the coining and printing of currency stopped due to lack of political interest and on the idea that foreign made coins and banknotes could be acquired at a lower price than the Bolivian-made coins and banknotes.
The Bolivian currency is the boliviano (ISO 4217: BOB; symbol: Bs.) 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.
This coin was known to English colonists in North America as a piece of eight, then later on as a Spanish dollar, Spanish milled dollar, and finally as a Mexican dollar. In French, it was called a piastre and in Portuguese, a pataca or patacão. The Spanish names at various times and in various places were real de a ocho, patacón, duro, or fuerte.
Main page; Contents; Current events; Random article; About Wikipedia; Contact us
The traditions and cultures of the Aymara, Quechua and other groups remain strong in Bolivia, where indigenous people are a majority in a country set in the heart of South America. More from AOL.com:
When taking a look at TLC's programming, it's sort of hard to remember that TLC at one time stood for The Learning Channel. What once was a channel dedicated to educational programming, is now ...
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 .