Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's PEN to BOB (Peruvian Nuevo Sol to Bolivian Boliviano) exchange rates

Peru
Bolivia
PEN

Interbank Exchange Rate: 1 PEN = 2.0534 BOB
Updated about an hour ago

Found 1 Remittance Service Providers

( )( )( )( )( )
1000 PEN =
1 989.00 BOB
Transfer Limit (PEN): 67.19 - 1679945.94
Locked-In Rate1 PEN = 1.9890 BOB

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about Peruvian Nuevo Sol to Bolivian Boliviano money transfers

Easily compare money transfer providers in one place to send money from Peru to Bolivia. Send money overseas to your loved ones by comparing Peruvian Nuevo Sol (PEN) to Bolivian Boliviano (BOB) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

When making a money transfer to Bolivia from Peru, we currently have 1 remittance service providers available.

Global66 currently offers the most competitive rate for sending money to Bolivia and their 1 PEN to BOB exchange rate today is 1.9890.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Peru.

Were you looking to send money from Bolivia to Peru instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest PEN to BOB Conversion Rates

Here are some latest PEN to BOB (Peruvian Nuevo Sol to Bolivian Boliviano) exchange rates for popular conversion amounts*.

1 PEN2.05 BOB
5 PEN10.27 BOB
10 PEN20.53 BOB
25 PEN51.33 BOB
50 PEN102.67 BOB
100 PEN205.34 BOB
150 PEN308.01 BOB
200 PEN410.68 BOB
250 PEN513.35 BOB
300 PEN616.02 BOB
400 PEN821.36 BOB
500 PEN1,026.70 BOB
600 PEN1,232.04 BOB
700 PEN1,437.38 BOB
800 PEN1,642.72 BOB
1,000 PEN2,053.40 BOB
1,500 PEN3,080.10 BOB
2,000 PEN4,106.80 BOB
2,500 PEN5,133.50 BOB
3,000 PEN6,160.20 BOB
4,000 PEN8,213.60 BOB
5,000 PEN10,267.00 BOB
10,000 PEN20,534.00 BOB
15,000 PEN30,801.00 BOB
20,000 PEN41,068.00 BOB
30,000 PEN61,602.00 BOB
40,000 PEN82,136.00 BOB
50,000 PEN102,670.00 BOB
100,000 PEN205,340.00 BOB

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money from Peru to Bolivia?

There are many good choices when it comes to sending money from Peru to Bolivia. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Peruvian Nuevo Sol to BOB money transfers.

We compare different remittance companies to bring you the best options to send money to Bolivia from Peru. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Peruvian Nuevo Sol to Bolivian Boliviano money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best rate to transfer money to Bolivia from Peru?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Bolivia from Peru. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your PEN to Bolivian Boliviano money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Peru to Bolivia corridor to give you more good choices for your next BOB money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way for transferring money to Bolivia from Peru?

One of the most important things to watch out for is hidden fees when sending money to Bolivia from Peru. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Bolivia using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Bolivian Boliviano foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best PEN to Bolivia exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Bolivia from Peru.


Should I use my bank to send money from Peru to Bolivia?

We do not recommend using your local bank in Peru for your next PEN to BOB overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Peru to Bolivia (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending BOB to Bolivia. These companies will let you use your local bank account in Peru to pay for your Bolivia money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


What is the fastest way to do a money transfer to Bolivia from Peru?

If you need to convert PEN to BOB as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Peru to Bolivia could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Peruvian Nuevo Sol to Bolivian Boliviano funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Bolivia.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Peru to Bolivia. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to send money to Bolivia from Peru?

The first step in selecting the best money transfer operators for Peru to Bolivia remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Peruvian Nuevo Sol to Bolivian Boliviano money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Bolivia.


Step by step guide to send money from Peru to Bolivia

With so many possible ways to transfer Peruvian Nuevo Sol to Bolivian Boliviano, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Peru to Bolivia remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Peru and the receiver in Bolivia. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your PEN to Bolivian Boliviano money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.