Canadian Dollar to Bolivian boliviano

The Canadian dollar (symbol: CA$, code: CAD, number 124) is Canada's monetary unit since 1858. It is subdivided into 100 cents. The Canadian currency is among the most traded on the world currency market.

The CAD exchange rate largely depends on the state of the economy of the neighboring United States and the changing position of the US dollar. Although several generations of dollars have already been produced in the country, old issues are still accepted. All banknotes printed after 1935 remain legal tender.

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.