See what things really cost in Bolivia. Enter any bill amount in Bolivianos (BOB) or Dollars (USD) and instantly see the real cost in your home currency using cash, cards, or transfer apps. Find out which payment method saves you the most money.
๐ณ Payment Methods in Bolivia
๐ Current Blue Dollar & Official Rates
Street exchange
Transfer App
Card
All Options
ATM Trap & Limits
Warning: ATMs use the official bank rate (approx. 6.96 BOB), meaning you lose ~40% of your value compared to the street rate. If you must use one, limits are usually 1,500 โ 2,000 BOB per transaction. Always withdraw the maximum amount allowed to offset the fixed foreign transaction fees.
PayPal / Xoom Hack
Running low on cash? Use Xoom (by PayPal) to send money to yourself. Select "Cash Pickup" as the delivery method and collect it at partner locations like Banco FIE. Always check the exchange rate Xoom offers before sendingโit is often better than the ATM rate, but lower than the street rate.
Frequently Asked Questions
What is the Blue Dollar in Bolivia?
The "Blue Dollar" is the unofficial exchange rate for US Dollars in Bolivia. Because of currency controls and scarcity of dollars, a parallel market has emerged where the street value of the dollar is significantly higher than what banks offer legally. This means you can get more Bolivianos (BOB) for your USD cash if you exchange it on the street or at specific exchange houses.
Should I use Credit Card or Cash in Bolivia?
Using cash exchanged at the Blue Dollar rate usually provides the best value. Credit cards will typically charge you the official government exchange rate, and your bank may add foreign transaction fees on top of that. This can make everything 20% to 40% more expensive compared to paying with cash exchanged at the blue rate. Always check the Bolivia Exchange Rate Calculator before making large purchases.
How to get the best exchange rate in La Paz/Sucre?
To get the best exchange rate, bring crisp, new 00 USD bills. Smaller bills (0s, 0s) often receive a lower rate. Exchange them at "Casas de Cambio" (Exchange Houses) or with reputable street changers. In La Paz, Avenida Camacho is a popular spot. In Sucre, look near the central market. Avoid exchanging money at the airport as the rates are usually poor.
Is it safe to exchange money on the street?
Yes, it is generally safe in busy, well-known areas, but using established exchange houses (Casas de Cambio) is recommended for larger amounts and better security. Always be aware of your surroundings when handling cash and always check for watermarks to spot counterfeit bills before leaving the counter.