Currency & Payment
Exchange rates fluctuate daily. Check current rates locally.
Local Currency Overview
Currency type, banknotes, and coin denominations
Bolivia uses the boliviano (BOB, abbreviated Bs), divided into 100 centavos. The boliviano is used only within Bolivia and is not easily obtained or exchanged abroad, so plan to change money on arrival. Cash is important, especially outside the main cities.
- Currency
- Boliviano (BOB, Bs)
- Subunit
- 100 centavos
- Note
- Used only in Bolivia
- The boliviano is hard to obtain outside Bolivia
- Carry cash for markets and rural areas
Currency Exchange Tips
Best places and methods to exchange money
Many travellers bring US dollars and exchange them in Bolivia at banks or licensed exchange bureaus (casa de cambio). Clean, undamaged US dollar notes are preferred and get better rates. Exchange in cities where rates and choices are better, and keep receipts.
- Bring
- US dollars
- Where
- Banks / casa de cambio
- Notes
- Clean, undamaged preferred
- Damaged or marked notes may be refused or get poor rates
- Exchange in cities for better rates and options
Credit Card Acceptance
Card brand availability and usage tips
Credit and debit cards are accepted at hotels, larger shops and restaurants in cities such as La Paz and Santa Cruz. Visa and Mastercard are the most widely taken. In smaller towns, markets and rural areas cash is usually required, so do not rely on cards alone.
- Cities
- Hotels, large shops, restaurants
- Networks
- Visa/Mastercard
- Markets/rural
- Cash needed
- Always carry cash as a backup outside main cities
- Small vendors and markets rarely take cards
ATM Usage
How to withdraw cash and associated fees
ATMs are common in cities and towns and often let you withdraw bolivianos or, in some cases, US dollars. Use machines at banks or inside secure locations, and be aware of foreign-card fees. Always decline home-currency conversion (DCC) for a better rate, and have a backup card.
- Availability
- Cities and towns
- Withdraw
- BOB or sometimes USD
- Tip
- Decline home-currency conversion
- Prefer ATMs at banks or secure indoor locations
- Check your bank's foreign withdrawal fees in advance
Mobile & Digital Payments
Digital payment services available locally
Mobile and QR-code payments through local bank apps are becoming more common in Bolivian cities, and some shops and services accept them. These systems usually rely on a local bank account, so international visitors may find cash and cards more practical for most purchases.
- Method
- QR / local bank apps
- Where
- Growing in cities
- Visitors
- Cash/cards often easier
- QR payment often needs a local bank account
- For tourists, cash and cards remain the main options
Tipping Culture
Expected tipping amounts and etiquette
Tipping in Bolivia is not obligatory but is becoming more common in tourist-oriented restaurants and for guides, where around 10% is a typical gesture for good service. Small tips are appreciated for hotel staff and drivers. In casual eateries and markets tipping is not expected; rounding up is fine.
- Restaurants/guides
- Around 10%
- Obligatory
- No, but appreciated
- Casual
- Rounding up is fine
- Check if a service charge is already included on the bill
- Small tips in cash are welcomed by staff and drivers
Price Guide
Average costs for meals, transport, and accommodation
Bolivia is generally one of the more affordable countries in South America for travellers. Street food and local markets are inexpensive, while restaurants and hotels in cities like La Paz and Santa Cruz cost more. Prices vary by region and season, so treat any figures as rough guidance and budget some cash for daily needs.
- Overall
- Relatively affordable
- Cheapest
- Street food, markets
- Pricier
- City hotels/restaurants
- Prices vary by region and season
- Keep small cash for daily purchases
Bolivia does not operate a widely available tourist VAT-refund scheme like some countries, so visitors generally cannot reclaim sales tax on shopping. Prices you see usually already include tax. If you need a formal receipt (factura) for business purposes, ask the seller at the time of purchase.
- Tourist refund
- Not generally available
- Prices
- Usually tax-included
- Receipt
- Ask for a factura
- Do not rely on claiming a tax refund when leaving
- Request a factura at purchase if you need an official receipt