Bolivia currency: Top 5 quirky facts 

Forget boring currency guides. 

This is your backstage pass to the wonderfully weird world of the currency of Bolivia.   

From heroic faces on Bolivian banknotes to wild exchange rate history, we’re diving into five facts that will leave you saying: “Wait, really?”

Whether you’re packing travel money, prepping for a trip, or simply intrigued by the currency of Bolivia, this post is your ticket to a more colourful understanding of the Bolivian boliviano.

1. The boliviano replaced a peso… that had 1,000,000% inflation

Let’s start with a bang: the peso boliviano experienced such catastrophic inflation that in 1987, the central bank of Bolivia replaced it at a rate of one boliviano to one million Bolivian pesos. 

Yes, really. One million.

The Banco Central de Bolivia introduced the new Bolivian boliviano currency in an attempt to stabilise the economy after years of runaway inflation. 

So, if you find any old Bolivian bolivianos lying around, don’t expect them to be worth much.

The Bolivian boliviano was introduced as the national currency and has remained the official currency of the Plurinational State of Bolivia ever since.

2. Bolivian banknotes honour resistance heroes you’ve probably never heard of

Most currencies feature politicians or monarchs, not in Bolivia.

The current Bolivian banknotes showcase national revolutionaries, some of whom have barely made it into global history books. 

For example:

• Pedro Ignacio Muiba: a legendary Indigenous leader of the Amazon basin
• Bruno Racua: known for launching wasps at his enemies (you read that correctly)
• José Manuel Baca (also known as Cañoto): a guerrilla commander who led fierce resistance during the independence wars
• Pablo Zárate (aka Willka): an Aymara leader who pushed for Indigenous rights
  

You’ll also spot Franz Tamayo, a poet and politician who shaped Bolivia’s modern identity. These aren’t just portraits, they’re stories woven into the money itself.

Each 1 boliviano note tells a chapter of Bolivian history with pride, colour, and culture. Try naming a country that does it better. We’ll wait.

3. Centavos still exist, just try finding one

Theoretically, the boliviano coins come in 20 and 50 centavos and 1, 2 and 5 bolivianos. 

But in practice, receiving or spending anything below 1 boliviano is rare. 

Prices often round up or down, making centavos nearly mythical. Still, they are legal tender. 

Collectors might enjoy chasing down these elusive coins, especially if you want to hold onto a piece of Bolivia’s money history.

Need something even more obscure? 

Try looking for the old 50 centavos coin from the 1980s. It’s a relic of a monetary system that has moved on but not been forgotten.

4. Bolivian exchange rates like to dance

The exchange rate for the Bolivian boliviano doesn’t stay still for long. 

Unlike countries that float freely or are pegged to the US dollar, Bolivia uses a managed exchange rate. The Banco Central de Bolivia keeps it steady but not frozen.

What does this mean for you? 

The BOB exchange rates and conversion rate can shift in small increments, so timing your Bolivian bolivianos exchange could save you a few pounds.

For context:

• 1 Bolivian bolivianos to pounds hovers around 0.11 GBP
• Check a currency converter for today’s exchange rates
• The BOB (ISO 4217 code: BOB) is what you’ll see listed on financial platforms
  

And yes, the Bolivian boliviano gets stronger on occasion, especially when the economy holds steady or inflation remains low.

5. Bolivia’s cash reflects its cultural and geographic diversity

Think Bolivia is just about salt flats and llamas? 

Think again.

The banknotes depict everything from the Amazon rainforest to the Andes mountains. 

The back of each note tells stories of major cities, natural wonders, and proud traditions.

You’ll find imagery of:

• La Paz, Bolivia’s sky-high administrative capital
• Lake Titicaca, one of the world’s highest lakes
• Umajallanta Cavern, a geological wonder
• Cultural icons from across the country
  

The Bolivian boliviano symbol is Bs. It’s emblazoned across notes in vibrant colours and with regional pride.

Even the denominations are distinctive: you’ll see 10, 20, 50, 100 and 200 boliviano banknotes, each packed with visual detail.

Where can I get Bolivian currency?

You can buy Bolivian bolivianos online or at high-street providers. 

At Manor FX, we offer a fee free service for Bolivian bolivianos exchange.

If you’re planning to buy Bolivian bolivianos in the UK before your trip, you’re in the right place. 

We’ll help you convert any leftover currency that comes home with you, too. 

Can you buy Bolivian currency in the UK?

Yes, you can buy Bolivian currency in the UK with Manor FX. We offer the best Bolivian currency exchange rate.

Ready to buy Bolivian bolivianos?

Visit our Bolivian boliviano product page for the best rates, fast delivery, and expert support from our team.

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