Convert Saudi Riyal to Bolivian Boliviano
Please provide values below to convert Saudi Riyal [SAR] to Bolivian Boliviano [BOB], or Convert Bolivian Boliviano to Saudi Riyal.
How to Convert Saudi Riyal to Bolivian Boliviano
1 SAR = 0.542660338041213 BOB
Example: convert 15 SAR to BOB:
15 SAR = 15 × 0.542660338041213 BOB = 8.1399050706182 BOB
Saudi Riyal to Bolivian Boliviano Conversion Table
Saudi Riyal | Bolivian Boliviano |
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Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.
Bolivian Boliviano
The Bolivian Boliviano (BOB) is the official currency of Bolivia, used for all monetary transactions within the country.
History/Origin
Introduced in 1987 to replace the Bolivian peso, the Boliviano has undergone various redenominations and reforms to stabilize Bolivia's economy and control inflation.
Current Use
The Boliviano remains the primary currency in Bolivia, widely used in everyday transactions, banking, and commerce across the country.