Convert 16 Brazilian Real (BRL) to Bolivian Boliviano (BOB)
Exchange rates used for currency conversion updated on 19th December 2018 ( 19/12/2018 )
Below you will find the latest exchange rate for exchanging Brazilian Real (BRL) to Bolivian Boliviano (BOB) , a table containing most common conversions and a chart with the pair's evolution.
The Brazilian Real (BRL) to Bolivian Boliviano (BOB) 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 Brazilian real is symbolized with the R$ sign. Each real, plural reais, is divided into 100 centavos. The Central Bank of Brazil focuses on price stability with monetary policy and uses the USD as their reserve currency.
The BRL is available in banknotes valued at R$2, R$5, R$10, R$20, R$50, R$100 and coins valued at 5, 10, 25, 50 centavos, R$1. Both the R$1 banknote and 1 centavo coin were discontinued in 2006, though both remain in use as legal tender.
About Bolivian Boliviano (BOB)
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.