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The official currency is the Boliviano (BOB), which is divided into 100 centavos, and is tied to the U.S. Dollar. Money can be exchanged at exchange bureau called casio de cambios in the main centers, at banks and hotels. Banking facilities are good in the main cities and ATMs cater for Visa, Cirrus and MasterCard. Many hotels and other tourist-oriented institutions accept U.S. Dollars. Major credit cards, including MasterCard, Diners, Visa and American Express, are accepted in the bigger hotels, restaurants and shops. Travelers checks can be exchanged in casio de cambios in the major cities and are best taken in U.S. Dollars to avoid additional charges.
It's a good idea to exchange money for the Boliviano before boarding your Bolivia flights. Upon arriving in Bolivia, tourists will want common currency for taxi drivers and any last minute purchases before arriving at hotels.
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