Convert 1 Bolivian Boliviano (BOB) to Canadian Dollar (CAD)
Exchange rates used for currency conversion updated on 24th May 2019 ( 24/05/2019 )
Below you will find the latest exchange rate for exchanging Bolivian Boliviano (BOB) to Canadian Dollar (CAD) , a table containing most common conversions and a chart with the pair's evolution.
The Bolivian Boliviano (BOB) to Canadian Dollar (CAD) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies om;ine and offline.
The Bolivian boliviano is the official currency of Bolivia and signified with the international currency code of BOB and the written symbol of "Bs." or "Bs;". Each boliviano is subdivided into 100 centavos. While historically plagued with rampant inflation newer reforms and tighter monetary policies have kept unemployment low, growth steady and inflation at under 5%.
The Bob is issued and controlled buy the Banco Central de Bolivia with coins issued as 2, 5, 10, 20 and 50 centavos and 1 and 2 bolivianos. Banknotes are valued at 2, 5, 10, 20, 50, 100 and 200 bolivianos.
About Canadian Dollar (CAD)
The Bank of Canada manges the circulation and monetary policy of the floating yet highly dependent currency. The Canadian dollar (CAD) is heavily intertwined with economic developments in the United States and the USD this is compounded with the high trade dependence Canada shares with the US and is only mitigated by the price of commodities such as oil in which Canada is a net exporter and therefore can leverage these exports to support the CAD independent of the USD. The Bank of Canada follows its mandate of promoting the economic well being of the nation in juxtaposition to the mandate of many central banks as price stability.