Convert 8 Argentine Peso (ARS) to Bolivian Boliviano (BOB)
Exchange rates used for currency conversion updated on November 23rd 2024 ( 11/23/2024 )
Below you will find the latest exchange rates for exchanging Argentine Peso (ARS) to Bolivian Boliviano (BOB) , a table containing most common conversions and a chart with the pair's evolution.
The Argentine Peso (ARS) to Bolivian Boliviano (BOB) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.
The currency exchange rate, calculated between Argentine Peso and Bolivian Boliviano on 11/23/2024 is 1 ARS = 0.0069 BOB - AVERAGE intraday quotes were used for this currency conversion.
The ARS is the currency code for the Argentine Peso. The current ARS has been somewhat stable since 1992 when the Central Bank of Argentina began effective management of the currency by focusing on a stable ARS to USD exchange rate. This, after 23 years of inflation that devalued the currency by a staggering ten trillion times. The current inflation rate in Argentina hovers around 22%.
ARS pesos are split into 100 units each of which is known as a centavo. The currency is currently minted and issued as coins in the following denominations: 5, 10, 25, and 50 centavos, 1 and 2 pesos; and as banknotes in 2, 5, 10, 20, 50, and 100 pesos denominations.
About Bolivian Boliviano (BOB)
The Bolivian boliviano is the official currency of Bolivia and signified with the international currency code of BOB and the written symbol of "Bs." or "Bs;". Each boliviano is subdivided into 100 centavos. While historically plagued with rampant inflation newer reforms and tighter monetary policies have kept unemployment low, growth steady and inflation at under 5%.
The Bob is issued and controlled buy the Banco Central de Bolivia with coins issued as 2, 5, 10, 20 and 50 centavos and 1 and 2 bolivianos. Banknotes are valued at 2, 5, 10, 20, 50, 100 and 200 bolivianos.
