Brazilian Real to Bolivian boliviano

The Brazilian real (symbol: R$, codes: BRL and 986) is the national currency of Brazil. Real is divided into 100 centavos. It is one of the youngest currencies in the world.

Contemporary Brazilian money was put into circulation in 1994, replacing the Cruzeiro real. Modern banknotes depict sculptures and representatives of Brazilian fauna. The second series of the real, developed in 2010, have been released nowadays. Beginning with 2009 the real exchange rate against the dollar has remained stable.

The boliviano (sign Bs, code BOB) is the national currency of the country located is South America – Bolivia. Small coins called centavo are used as change for the Bolivian boliviano. One boliviano has 100 centavos.

The currency has first been issued in the 18th century, and was used between 1864 and 1963. Later, the country used peso, but due to inflation in 1987, the government came back to BOB once again. The rate of the modern boliviano is connected to the American dollar. After the 80s hyperinflation, the population was still using the old notes as change. There have been special seals put on them to reduce denomination.