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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 BOB Reserves: 2 087 million USD [1] Website: www.bcb.gob.bo: The Banco Central de Bolivia building in La Paz Banco Central de Bolivia logo.
The 2 boliviano note was replaced by a coin in 1991, with the same happening to the 5 boliviano in 2001, although the Bolivian central bank still lists the 5 boliviano note as "in circulation" -The 10 Bolivianos bill has in the obverse to the painter Cecilio Guzman and reverse an image of city of Cochabamba.
The bolívar [boˈliβaɾ] is the official currency of Venezuela.Named after the hero of South American independence Simón Bolívar, it was introduced by President Guzman Blanco via the monetary reform of 1879, before which the venezolano was circulating.
The first boliviano was introduced in 1864. It was equivalent to eight soles or half a scudo in the former currency. Initially, it was subdivided into 100 centécimos but this was altered to centavos in 1870. The name bolivar was used for an amount of ten bolivianos. The boliviano was initially pegged at a rate of 1 boliviano = 5 French francs.
The economy of South America comprises approximately 434 million people living in the 12 sovereign states and three dependent territories of South America, which encompasses 6 percent of the world's population.
Luis Alberto Arce Catacora [b] (Latin American Spanish: [ˈlwis alˈβeɾto ˈaɾse kataˈkoɾa]; born 28 September 1963), often referred to as Lucho, is a Bolivian banker, economist, and politician serving as the 67th president of Bolivia since 2020.
Bolivians started coming to Brazil in small numbers during the 1950s, with current levels of immigration beginning in the 1980s. The numbers vary according to the source, but it is a fact that the information given by the media is very different from academic and official estimates.