About the AUD/BOB rate
The AUD/BOB rate is how many BOB one Australian dollar buys. It moves constantly with interest-rate expectations, commodity prices and global risk sentiment - see what moves the rate. Tradergy shows the mid-market reference rate and does not forecast where it’s heading. For the 52-week highs and lows and a daily table, see the AUD/BOB rate history.
Where else this pair appears: the reverse rate, BOB → AUD, is on the receiving Boliviano view, and sending Australian dollars to Bolivia is covered on the AUD → BOB transfer page. Every AUD pair sits on the convert hub, and to work in more than one currency at once there is the currency converter.
How Bolivia's fixed rate ended
Bolivia held the boliviano at 6.9 to the US dollar, and the International Monetary Fund dates that arrangement to 2011. Fifteen years is a long time for a number to stay still, and for most of them it was unremarkable.
What changed was the composition of what stood behind it. The Fund's April 2025 Article IV consultation recorded that usable foreign exchange reserves had been nearly exhausted for over a year. Gross reserves stood at US$2 billion at the end of 2024, about two months of import cover, but US$1.9 billion of that was encumbered gold and US$90 million was liquid assets. Measured against the Fund's reserve adequacy metric, the coverage was 23 per cent.
Reserves that cannot be spent shape who gets served. The Fund described the central bank as having severely curtailed foreign exchange provision to the private sector, prioritising the government's purchase of fuel imports and the payment of external debt service, which pushed businesses towards a parallel market and passed higher import costs through to consumers. Inflation reached 10 per cent at the end of 2024, the highest in over a decade. The Executive Board called the peg untenable and said it required a decisive shift in the monetary framework.
That shift arrived in 2026. The Banco Central de Bolivia now describes a fully flexible exchange market, and the regulation it published authorises it to buy and sell dollars to mitigate unwanted fluctuations and to accumulate reserves, expressly without seeking to induce any specific level of the exchange rate. Its Governor has framed the swings since as what happens when an economy moves from a fixed rate to a flexible one. Through 2026 the Bank has also been returning dollars to savers in bands, starting in January with balances under US$1,000 and reaching balances between US$3,001 and US$5,000 by August.
Sources: International Monetary Fund, Bolivia 2025 Article IV Consultation (Country Report No. 25/116) · Banco Central de Bolivia, Nota de Prensa NP15/2026, 30 July 2026 · Banco Central de Bolivia, Nota de Prensa NP19/2026, 1 September 2026