Convert 18 Indian Rupee (INR) to Bolivian Boliviano (BOB)
Exchange rates used for currency conversion updated on November 27th 2024 ( 11/27/2024 )
Below you will find the latest exchange rates for exchanging Indian Rupee (INR) to Bolivian Boliviano (BOB) , a table containing most common conversions and a chart with the pair's evolution.
The Indian Rupee (INR) 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 Indian Rupee and Bolivian Boliviano on 11/27/2024 is 1 INR = 0.082 BOB - AVERAGE intraday quotes were used for this currency conversion.
Under the monetary policy of the Reserve Bank of India (RBI) the INR, Indian rupee, having once been held back by a centrally planned economy it is increasing its presence in world currency markets as the central planning and controls are released and the Indian economy is released, embracing the free markets. The INR is a floats against a basket of goods and other currencies and it is increasing in worldwide importance as the underlying economy grows and the RBI continues to focus on price stability and the general well being of the country.
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.
