Indian Rupee to Bolivian boliviano

The Indian rupee (international symbol s:₹ , Re, Rs (plural), code: INR, number: 356) is the currency used not only in India, but also in the neighboring Bhutan. 1 rupee is divided into 100 paisa. The name rupee for local currency has been in use since the 16th century.

For a long time there were several types of currency units operating in the country. A single rupee throughout the country was introduced in 1835 at the time when India was a colony of Great Britain.

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.