Pound Sterling to Bolivian boliviano

The British pound or pound sterling (symbol: £, code: GBP, number: 826) is the official currency of Great Britain also used in the British Crown dependencies of Man, Jersey and Guernsey. Also in circulation on the Island of St. Helena, the Island of Ascension, Tristan da Cugna Island, the Falklands and in Gibraltar.

One pound is subdivided into one hundred pence. The abbreviation UKL - United Kingdom Libra is also sometimes used. The name derives from antique silver coins. However, there are other versions of the origin of the concept of "sterling”.

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.