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base info OKB

OKB to Bolivian Boliviano Converter and calculator

Convert 1OKB (OKB) to Bolivian Boliviano (BOB) equals Bs. 382.05 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of OKB(OKB) to Bolivian Boliviano(BOB). This is the real-time data. The current conversion shows 1 OKB at a value of 1 OKB for 382.05 BOB . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

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.

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

OKB to BOB conversion rate trend

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In the past 1D, OKB has changed +0.74% to BOB. Based on the trend and price charts, OKB(OKB) has changed +0.74% to BOB while Bolivian Boliviano(BOB) has changed % to OKB in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Bs.382.05
0.0001% / 0.0004%vip-iconVIP
OKX
Bs.382.73
0.080% / 0.100%
Yes
Gate.io
Bs.382.31
0.1000% / 0.1000%
Yes
Last updated 2024/04/20 16:00:23(UTC+0)

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

OKB to Bolivian Boliviano is falling this week.
OKB's current market price is Bs. 382.05 per OKB, with a total market cap of Bs. 22,923,102,226.54 BOB based on a circulating supply of 60,000,000 OKB. The trading volume of OKB has changed by -28.23% (Bs. -23,351,872.87 BOB) in the last 24 hours. Last trading day, OKB's trading volume was Bs. 82,718,887.69.
Market cap
$3.32B
24h volume
$8.59M
Circulating supply
60.00M OKB

Conversion tables

The exchange rate of OKB is decreasing.
1 OKB is currently valued at Bs. 382.05 BOB , which means buying 5 OKB will cost Bs. 1,910.26 BOB . Similarly, Bs.1 BOB can be traded for 0.002617 OKB, and Bs.50 BOB can be converted to 0.1309 OKB, excluding any platform or gas fees.
The exchange rate of 1 OKB to Bolivian Boliviano has changed by -0.75% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.74%, reaching a high of 386.95 BOB and a low of 375.54 BOB . One month ago, the value of 1 OKB was Bs. 414.51 BOB , which represents a -7.83% change from its current value. Over the last year, OKB has changed by
+Bs.
2.7BOB
, resulting in a change of +6.53% in its value.

OKB to BOB

Amount
16:50 today
0.5 OKB
Bs.191.03
1 OKB
Bs.382.05
5 OKB
Bs.1,910.26
10 OKB
Bs.3,820.52
50 OKB
Bs.19,102.59
100 OKB
Bs.38,205.17
500 OKB
Bs.191,025.86
1000 OKB
Bs.382,051.71

BOB to OKB

Amount16:50 today
0.5BOB0.001309  OKB
1BOB0.002617  OKB
5BOB0.01309  OKB
10BOB0.02617  OKB
50BOB0.1309  OKB
100BOB0.2617  OKB
500BOB1.31  OKB
1000BOB2.62  OKB
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Today vs. 24 hours ago

Amount16:50 today24 hours ago24h change
0.5 OKB$27.65$27.44
+0.74%
1 OKB$55.29$54.89
+0.74%
5 OKB$276.46$274.44
+0.74%
10 OKB$552.92$548.89
+0.74%
50 OKB$2,764.6$2,744.43
+0.74%
100 OKB$5,529.21$5,488.87
+0.74%
500 OKB$27,646.04$27,444.33
+0.74%
1000 OKB$55,292.08$54,888.66
+0.74%

Today vs. 1 month ago

Amount16:50 today1 month ago1M change
0.5 OKB$27.65$30
-7.83%
1 OKB$55.29$59.99
-7.83%
5 OKB$276.46$299.95
-7.83%
10 OKB$552.92$599.9
-7.83%
50 OKB$2,764.6$2,999.51
-7.83%
100 OKB$5,529.21$5,999.03
-7.83%
500 OKB$27,646.04$29,995.14
-7.83%
1000 OKB$55,292.08$59,990.28
-7.83%

Today vs. 1 year ago

Amount16:50 today1 year ago1Y change
0.5 OKB$27.65$25.95
+6.53%
1 OKB$55.29$51.9
+6.53%
5 OKB$276.46$259.51
+6.53%
10 OKB$552.92$519.01
+6.53%
50 OKB$2,764.6$2,595.05
+6.53%
100 OKB$5,529.21$5,190.11
+6.53%
500 OKB$27,646.04$25,950.54
+6.53%
1000 OKB$55,292.08$51,901.08
+6.53%

FAQ

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