Sunday, October 16, 2011

Money Exchange for Bolivia -Services - Money

http://travel-to-bolivia.blogspot.com/2011/10/money-exchange-for-bolivia-services.html
Money Exchange for Bolivia -Services - Money
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Bolivia – Political Stability

In January, president Evo Morales decision to repeal a decree that cut large state fuel subsidies has restored political stability in Bolivia and shored up his popular support amongst Bolivia’s poor and indigenous citizens.

Boliviano Forecast 2011

Expect the Boliviano to continue trading within a tight range to the US dollar, with a 2011 forecast an end of year rate of 6.85 Boliviano’s to the dollar, down from 6.8900, as supply side inflationary pressures will persist throughout the year.

Latest Boliviano Foreign Exchange Rates

As of early foreign exchange trading this morning, one UK pound sterling bought 11.44530 Boliviano’s, whilst one US dollar bought 6.92500 Boliviano’s and one euro bought 10.00220 Boliviano’s.

Credit cards:

American Express, Diners Club, MasterCard and Visa are accepted in most mid- to top-range hotels and restaurants, but otherwise have limited acceptance. There are ATMs in most larger towns and cities.
ATM:

There are ATMs in most larger towns and cities.
Travellers cheques:

US Dollar traveller's cheques remain popular but Euro cheques are increasingly favoured. Pound Sterling traveller's cheques are not widely accepted.
Banking hours:

Mon-Fri 0900-1800. Some banks open Sat 0900-1300.
Currency restriction:

There are no import restrictions on local and foreign currency; export restrictions on both local and foreign currency are up to the amounts imported and must be declared.
Currency exchange:

Money can be changed in hotels and casas de cambio. The Boliviano is the preferred currency with exchange against the Euro now preferred to the Dollar.