Currency

Boliviano (B$)

Daily Costs

Budget: less than B$200

  • Dorm/budget beds: B$40–70
  • Bread for breakfast, set lunch, dinner supplies bought in local market: B$50
  • Museum admission, limited tours: B$125
  • 2nd-class transit: B$70–100

Midrange: B$200–650

  • Midrange hotel: B$160–400
  • Hotel breakfast, lunch and dinner in a restaurant: B$200
  • Extra cash for beers, guided trips, excursions: B$300
  • 1st-class transit: B$150–200

Top end: more than B$650

  • Top-end hotel: B$400
  • Breakfast buffet, lunch and dinner at high-end restaurant B$250
  • Plenty of extra cash for guided trips B$300–400
  • 1st-class transit and air transfers B$300–500

Bargaining

Gentle haggling is usually fine at markets and some negotiation is common if arranging a service such as renting a taxi for a day. Use your judgement and decide if the price seems fair; attempts to bargain hard may become uncomfortable. Bear in mind that many Bolivians have very little money, and arguing over a dollar or two probably isn't worth it.

Money

ATMs

Cash withdrawals of bolivianos and US dollars are possible at numerous ATMs at major intersections around the city.

Banco Mercantil

Banco Nacional de Bolivia

Money Changers

Casas de cambio (exchange bureaux) in the city center can be quicker and more convenient than banks. Most places open from 9am to 6pm weekdays, and on Saturday mornings.

Be wary of counterfeit US dollars and bolivianos, especially with cambistas (street money changers) who loiter around the intersections of Colón, Camacho and Av Mariscal Santa Cruz. Traveler’s checks can be virtually impossible to change, except at money changers and banks.

Casa de Cambios América

Casa de Cambio Metropoli

Money Transfers

Try Western Union/DHL, which has outlets scattered all around town, for urgent international money transfers.