Bitget App
Trade smarter
Buy cryptoMarketsTradeCopyBotsEarnWeb3
base info Maker

Maker to Bolivian Boliviano Converter and calculator

Convert 1Maker (MKR) to Bolivian Boliviano (BOB) equals Bs. 20,714.46 | Bitget

BOB information

About the Bolivian Boliviano (BOB)

What Is the Bolivian Boliviano (BOB)?

The Bolivian Boliviano (BOB), the national currency of Bolivia, plays a pivotal role in the country's economy. Represented by the ISO code BOB and symbolized as Bs., the Boliviano is subdivided into 100 centavos. The Bolivian Boliviano is the sole legal tender in Bolivia, and it is used for all transactions within the country.

The Bolivian Boliviano is issued by the Central Bank of Bolivia, known in Spanish as the "Banco Central de Bolivia." This institution is responsible for the production, management, and regulation of the Bolivian currency.

What Is the History of BOB?

Introduced in 1864, the original Boliviano replaced the Spanish colonial real at a rate of eight Bolivianos for one Bolivian peso. This first iteration, however, was short-lived due to economic instability, leading to its replacement by the peso in 1963. The current version of the Boliviano was introduced in 1987, during a period of rampant inflation, at a rate of 1 new Boliviano = 1,000,000 old pesos.

Notes and Coins of BOB

The Boliviano features a variety of denominations in both coins and banknotes. Coins come in denominations of 10, 20, 50 centavos, and 1, 2, and 5 Bolivianos. Banknotes are issued in denominations of 10, 20, 50, 100, and 200 Bolivianos. Each denomination has a distinct color and features prominent Bolivian figures and cultural symbols.

Economic Stability and Exchange Rate

Since 2012, the Bolivian central bank has maintained a steady foreign exchange value of the Boliviano at approximately 6.9 to the U.S. dollar. Bolivia experienced a low inflation rate of 0.7% in 2021, indicating relative economic stability compared to global trends.

Bolivia remains a predominantly cash-focused economy, especially in less urbanized areas. While cards and online payments are accepted in tourist regions, Boliviano coins and banknotes are widely used for daily transactions.

Is BOB Pegged to USD?

The Bolivian Boliviano (BOB) is not pegged to the United States Dollar (USD). Bolivia operates under a managed float exchange rate system. In this system, the value of the Boliviano is not fixed to the USD but is instead influenced by market forces. However, the Central Bank of Bolivia may intervene in the foreign exchange market to stabilize the currency and control excessive fluctuations. This approach allows for a more flexible exchange rate that can adjust to changes in the global and domestic economic environment.

Is BOB a Stable Currency?

The Bolivian Boliviano (BOB) has demonstrated notable stability in recent years, particularly since 2012 when the Central Bank of Bolivia managed to maintain a steady foreign exchange rate, hovering around 6.9 Bolivianos to the U.S. Dollar. This stability is further underscored by Bolivia's inflation rate, which reached a remarkably low level of 0.7% in 2021. Such a low inflation rate, especially in the context of global economic fluctuations, indicates a period of relative economic stability for the Boliviano. This stability is a significant achievement for Bolivia, considering the challenges faced by many emerging economies in maintaining currency stability amidst external and internal economic pressures.

Show more
Bitget crypto-to-fiat exchange data shows that the most popular Maker currency pair is the MKR to BOB, with for Maker's currency code being MKR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BOB.

MKR to BOB conversion rate trend

In the past 1D, Maker has changed +14.30% to BOB. Based on the trend and price charts, Maker(MKR) has changed +14.30% to BOB while Bolivian Boliviano(BOB) has changed % to MKR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
0.0001% / 0.0004%vip-iconVIP
0.1000% / 0.1000%
0.080% / 0.100%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
Last updated 2024/04/14 20:00:33(UTC+0)

What factors influence the conversion rate of Maker to Bolivian Boliviano?

Maker to Bolivian Boliviano is falling this week.
Maker's current market price is Bs. 20,714.46 per MKR, with a total market cap of Bs. 19,154,859,410.14 BOB based on a circulating supply of 924,709.7 MKR. The trading volume of Maker has changed by +27.39% (Bs. 271,096,832.81 BOB) in the last 24 hours. Last trading day, MKR's trading volume was Bs. 989,906,678.23.
Market cap
24h volume
Circulating supply
924.71K MKR

Conversion tables

The exchange rate of Maker is increasing.
1 MKR is currently valued at Bs. 20,714.46 BOB , which means buying 5 MKR will cost Bs. 103,572.28 BOB . Similarly, Bs.1 BOB can be traded for 0.{4}4828 MKR, and Bs.50 BOB can be converted to 0.002414 MKR, excluding any platform or gas fees.
The exchange rate of 1 MKR to Bolivian Boliviano has changed by -17.13% in the last 7 days. In the last 24 hours, the rate has fluctuated by +14.30%, reaching a high of 20,781.78 BOB and a low of 17,355.16 BOB . One month ago, the value of 1 MKR was Bs. 18,583.69 BOB , which represents a +11.48% change from its current value. Over the last year, Maker has changed by
, resulting in a change of +288.53% in its value.


20:44 today
0.5 MKR
10 MKR
50 MKR
100 MKR
500 MKR
1000 MKR


Amount20:44 today
0.5BOB0.{4}2414  MKR
1BOB0.{4}4828  MKR
5BOB0.0002414  MKR
10BOB0.0004828  MKR
50BOB0.002414  MKR
100BOB0.004828  MKR
500BOB0.02414  MKR
1000BOB0.04828  MKR

Today vs. 24 hours ago

Amount20:44 today24 hours ago24h change
0.5 MKR$1,496.99$1,309.91
1 MKR$2,993.98$2,619.81
5 MKR$14,969.91$13,099.07
10 MKR$29,939.81$26,198.14
50 MKR$149,699.05$130,990.7
100 MKR$299,398.1$261,981.4
500 MKR$1,496,990.5$1,309,907
1000 MKR$2,993,981$2,619,814

Today vs. 1 month ago

Amount20:44 today1 month ago1M change
0.5 MKR$1,496.99$1,343
1 MKR$2,993.98$2,686.01
5 MKR$14,969.91$13,430.04
10 MKR$29,939.81$26,860.09
50 MKR$149,699.05$134,300.44
100 MKR$299,398.1$268,600.88
500 MKR$1,496,990.5$1,343,004.4
1000 MKR$2,993,981$2,686,008.8

Today vs. 1 year ago

Amount20:44 today1 year ago1Y change
0.5 MKR$1,496.99$386.47
1 MKR$2,993.98$772.93
5 MKR$14,969.91$3,864.67
10 MKR$29,939.81$7,729.33
50 MKR$149,699.05$38,646.65
100 MKR$299,398.1$77,293.31
500 MKR$1,496,990.5$386,466.55
1000 MKR$2,993,981$772,933.1


This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.