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PRARE to BOB Converter and calculator

PRARE/BOB: 1 PRARE = 0.004965 BOB. The price of converting 1 POLKARARE (PRARE) to Bolivian Boliviano (BOB) is 0.004965 BOB today.
PRARE
PRARE
BOB
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PRARE to BOB real-time exchange rates, making it easy to convert POLKARARE (PRARE) to Bolivian Boliviano (BOB). The conversion result is based on real-time data. The conversion result shows that 1 PRARE is currently valued at 0.00 BOB. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PRARE is currently valued at 0.00 BOB, which means buying 5 PRARE would cost 0.02 BOB. Similarly, Bs.1 BOB can be converted to 201.39 PRARE, and Bs.50 BOB can be converted to 1,006.96 PRARE, excluding any platform or gas fees.

Convert PRARE to BOB

Convert BOB to PRARE

POLKARARE
Bolivian Boliviano
1 PRARE
0.004965  BOB
2 PRARE
0.009931  BOB
10 PRARE
0.04965  BOB
20 PRARE
0.09931  BOB
100 PRARE
0.4965  BOB
200 PRARE
0.9931  BOB
5000 PRARE
24.83  BOB
10000 PRARE
49.65  BOB
In the table above, you'll find a comprehensive PRARE to BOB converter that shows the value of POLKARARE in Bolivian Boliviano across commonly used conversion amounts. The list covers conversions from 1 PRARE to BOB, all the way up to 10000 PRARE, providing a clear view of their respective values.
Bolivian Boliviano
POLKARARE
100 BOB
20,139.23 PRARE
200 BOB
40,278.47 PRARE
500 BOB
100,696.16 PRARE
1000 BOB
201,392.33 PRARE
2000 BOB
402,784.65 PRARE
5000 BOB
1,006,961.64 PRARE
10000 BOB
2,013,923.27 PRARE
50000 BOB
10,069,616.37 PRARE
100000 BOB
20,139,232.74 PRARE
In the table above, you'll find a comprehensive BOB to PRARE converter that shows the value of Bolivian Boliviano in POLKARARE across commonly used conversion amounts. The list covers conversions from 1 BOB to PRARE, all the way up to 100000 BOB, providing a clear view of their respective values.

PRARE to BOB chart

PRARE/BOB: 1 PRARE = 0.004965 BOB; 2025/05/04 03:12:07
In the past 1D, POLKARARE has changed +0.02% to BOB. Based on the trend and price charts, POLKARARE(PRARE) has changed +0.02% to BOB while Bolivian Boliviano(BOB) has changed % to PRARE in the last 24 hours.
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PRARE to BOB conversion data: Volatility and price changes of POLKARARE in BOB

The highest POLKARARE price in BOB over the past 7 days was 0.005120 BOB while the lowest POLKARARE price in BOB over the past 7 days was 0.004931 BOB. The relative change between the highs and lows in POLKARARE price in BOB over the last 7 days indicates a volatility of %. You can view additional volatility data and PRARE to BOB prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.004974 BOB
0.005120 BOB
0.01076 BOB
0.01663 BOB
Low
0.004960 BOB
0.004931 BOB
0.002576 BOB
0.002576 BOB
Average
0 BOB
0 BOB
0 BOB
0 BOB
Volatility
%
%
%
%
Change
+0.02%
-4.69%
-11.85%
-40.26%

POLKARARE information

PRARE to BOB market statistics

PRARE/BOB:
Bs.0.004965
PRARE 24h volume:
Bs.115,550.42
PRARE market cap:
Bs.56,522.77
PRARE circulating supply:
11.38M PRARE

Current PRARE to BOB exchange rate

POLKARARE to Bolivian Boliviano is falling this week.
POLKARARE's current market price is Bs.0.004965 per PRARE, with a total market cap of Bs.56,522.77 BOB based on a circulating supply of 11,383,253 PRARE. The trading volume of POLKARARE has changed by -8.82% (Bs.-11,175.31 BOB) in the last 24 hours. Last trading day, PRARE's trading volume was Bs.126,725.72.

More info about POLKARARE on Bitget

Bolivian Boliviano information

About the Bolivian Boliviano (BOB)

What Is the Bolivian Boliviano (BOB)?

The Bolivian Boliviano (BOB), the national currency of Bolivia, plays a pivotal role in the country's economy. Represented by the ISO code BOB and symbolized as Bs., the Boliviano is subdivided into 100 centavos. The Bolivian Boliviano is the sole legal tender in Bolivia, and it is used for all transactions within the country.

The Bolivian Boliviano is issued by the Central Bank of Bolivia, known in Spanish as the "Banco Central de Bolivia." This institution is responsible for the production, management, and regulation of the Bolivian currency.

What Is the History of BOB?

Introduced in 1864, the original Boliviano replaced the Spanish colonial real at a rate of eight Bolivianos for one Bolivian peso. This first iteration, however, was short-lived due to economic instability, leading to its replacement by the peso in 1963. The current version of the Boliviano was introduced in 1987, during a period of rampant inflation, at a rate of 1 new Boliviano = 1,000,000 old pesos.

Notes and Coins of BOB

The Boliviano features a variety of denominations in both coins and banknotes. Coins come in denominations of 10, 20, 50 centavos, and 1, 2, and 5 Bolivianos. Banknotes are issued in denominations of 10, 20, 50, 100, and 200 Bolivianos. Each denomination has a distinct color and features prominent Bolivian figures and cultural symbols.

Economic Stability and Exchange Rate

Since 2012, the Bolivian central bank has maintained a steady foreign exchange value of the Boliviano at approximately 6.9 to the U.S. dollar. Bolivia experienced a low inflation rate of 0.7% in 2021, indicating relative economic stability compared to global trends.

Bolivia remains a predominantly cash-focused economy, especially in less urbanized areas. While cards and online payments are accepted in tourist regions, Boliviano coins and banknotes are widely used for daily transactions.

Is BOB Pegged to USD?

The Bolivian Boliviano (BOB) is not pegged to the United States Dollar (USD). Bolivia operates under a managed float exchange rate system. In this system, the value of the Boliviano is not fixed to the USD but is instead influenced by market forces. However, the Central Bank of Bolivia may intervene in the foreign exchange market to stabilize the currency and control excessive fluctuations. This approach allows for a more flexible exchange rate that can adjust to changes in the global and domestic economic environment.

Is BOB a Stable Currency?

The Bolivian Boliviano (BOB) has demonstrated notable stability in recent years, particularly since 2012 when the Central Bank of Bolivia managed to maintain a steady foreign exchange rate, hovering around 6.9 Bolivianos to the U.S. Dollar. This stability is further underscored by Bolivia's inflation rate, which reached a remarkably low level of 0.7% in 2021. Such a low inflation rate, especially in the context of global economic fluctuations, indicates a period of relative economic stability for the Boliviano. This stability is a significant achievement for Bolivia, considering the challenges faced by many emerging economies in maintaining currency stability amidst external and internal economic pressures.

Bitget crypto-to-fiat exchange data shows that the most popular POLKARARE currency pair is the PRARE to BOB, with for POLKARARE's currency code being PRARE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for BOB.

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How to convert PRARE to BOB

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PRARE to BOB Conversion tables

The exchange rate of POLKARARE is decreasing.
The exchange rate of 1 PRARE to Bolivian Boliviano has changed by -4.69% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.02%, reaching a high of 0.004974 BOB and a low of 0.004960 BOB . One month ago, the value of 1 PRARE was Bs.0.005633 BOB , which represents a -11.85% change from its current value. Over the last year, POLKARARE has changed by
-Bs.
0.01306BOB
, resulting in a change of -72.45% in its value.
24 hours ago1 month ago1 year ago
Amount03:12 am today24 hours ago24h change
0.5 PRAREBs.0.002483Bs.0.002482
+0.02%
1 PRAREBs.0.004965Bs.0.004965
+0.02%
5 PRAREBs.0.02483Bs.0.02482
+0.02%
10 PRAREBs.0.04965Bs.0.04965
+0.02%
50 PRAREBs.0.2483Bs.0.2482
+0.02%
100 PRAREBs.0.4965Bs.0.4965
+0.02%
500 PRAREBs.2.48Bs.2.48
+0.02%
1000 PRAREBs.4.97Bs.4.96
+0.02%

PRARE to BOB FAQ

How much is 1 POLKARARE in BOB?
Right now, the price of 1 POLKARARE (PRARE) in Bolivian Boliviano (BOB) is Bs.0.004965.
How much PRARE can I buy for 1 BOB?
Based on the current exchange rate, you can get 201.39 PRARE for 1 BOB.
How do I calculate or convert PRARE to BOB?
You can use our PRARE to BOB calculator at the top of this page to convert any amount of PRARE to BOB. We've also included quick-reference tables for the most popular conversions. For example, 5 BOB is equivalent to 1,006.96 PRARE, while 5 PRARE will cost around 0.02483BOB.
What is the highest price of PRARE/BOB in history?
The all-time high price of 1 PRARE in BOB is Bs.9.73. It remains to be seen if the value of 1 PRARE/BOB will exceed the current all-time high.
What is the price trend of POLKARARE in BOB?
Over the past 7 days, the exchange rate of POLKARARE (PRARE) has gone down by 4.69%.   Over the last month, the exchange rate of POLKARARE (PRARE) has gone down by 11.85% against Bolivian Boliviano (BOB).

What factors influence the conversion rate of PRARE to BOB?

There are many factors that affect the relationship between POLKARARE and Bolivian Boliviano, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of PRARE/BOB. When there is positive news in the market about the widespread adoption of PRARE or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PRARE/BOB. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PRARE/BOB.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of PRARE/BOB. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of POLKARARE and adjust their investment strategies accordingly in the evolving market.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.