Currency is one of the most important things in this world. Every people need currency to survive in this world. Currency is the same, but their values and names differ for every country.
Quid and Bob are currencies used in different countries. Quid is a slang term for Pound. Bob is used in Bolivia.
Quid vs Bob
The difference between Quid and bob is that Quid is the currency used in the United Kingdom and other nine British territories. Bob is divided into hundred cents in Spanish. Bolivia uses this currency. Boliviano was also the name of the currency of Bolivia. Five rupees boliviano coin was made up of stainless steel.
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Quid is a UK currency. It is informal. One Quid is equal to 100 pence. The reserve value of Quid is 4.62 percentage. Quid is slang for British pound sterling.
It comes from the Latin phrase “quid pro quo”, which translates into “something for something”. Quid was established in 1963.
Bob is the currency of Bolivia. Bob was introduced in the year 1987 on January 1. The stainless steel bob coin was first introduced in the year 1998, which had few numerical figures.
Copper-plated steel coin was introduced in the year 1997. Pablo Ramos announced the new notes of the plurinational State of Olivia.
Comparison Table
| Parameters of Comparison | Quid | Bob |
|---|---|---|
| Founded | Quid was introduced in the year 1963. | Bob was introduced in the year 1987. |
| Definition | The quid is a slang term for a pound. | Bob is the regional currency in Bolivia. |
| Origin | It is originated from the Latin word quid. | It is originated from a Spanish word. |
| Country | It is used in countries where the pound is the official currency. | It is the currency used in Bolivia. |
| Emergence | Quid emerged in the 17th century. | Bob emerged in the 8th century. |
What is Quid?
The currency of a country stands as the backbone of its economy. There are a lot of currencies in the world, and one of the currencies happens to be Quid.
Pounce is often confused with the word quid. It is also a slang term for pound. It is the oldest currency in the world. It is still in use. Quid is a nickname for pound in the UK.
A quid is equal to 100 pence. Quid is believed to be originated from the Latin word quid. It has been said to emerge in the late 17 century. It is still a mystery that is yet to be solved.
Quid is used in the countries where the currency pound is used as official currency. Most people believe that it is derived from scudo, which was used by the Italians.
The Quid was introduced in the year 1963, and the term scudo pertains to the 19th-century coins which were used in Italy. Quid is mostly used during informal events.
The famous origins of Quid are from the Roman empire from the word quid pro quid, which means something for something. Quid is a term that is used to replace the term Pound.
What is Bob?
Bob is a currency used in Bolivia. It is expanded as Bolivian boliviano. In Spanish, Bob is divided into 100 cents or is also known as centavos.
Boliviano is the name of the currency of Bolivia. It was named between 1864 and 1963. Pablo Ramos announced new Bob as the new member of banknotes.
The Plurinational State of Bolivia, which started with 10 Bs note and 200 Bs note, was later introduced by them. It received the best banknotes award in Latin America.
The stainless steel coin in Bob was released in the year 1988. Bob coins were made in stainless steel. Ten centavos coin was released in the year 1997.
The bimetallic 5 bolivianos were released in 2001. These coins date back to an old era of coin introduction.
Currency is extremely important in the whole wide world. Bob is one of the currencies which is used in Boliviano. Bob was introduced in the year 1987 on January 1. It emerged in the 8th century.
It is derived from the Spanish word Boliviano. The weight of the Bob coins differs according to their size. They are made up of different types of materials. Banknote of Boliviano differs in color and has a different watermark.
Main Differences Between Quid and Bob
- Quid and Bob are the currency of different countries, namely the UK and Bolivia.
- Quid was introduced in the year 1963, whereas Bob was introduced in the year 1987.
- Quid is the slang term of Pound, but Bob is the regional currency of boliviano.
- Quid is originated from the Latin word quid, whereas Bob is originated from Spanish Word Boliviano.
- Quid emerged in the 17th century, and still, the origination happens to be a mystery. Whereas Bob emerged in the 8th century.
- Quid is used in the country where the pound is officially used, and Bob is used in Bolivia country.
- https://coins.nd.edu/colcoin/colcoinintros/BritishDenominations1.html
- https://www.ecb.europa.eu/pub/pdf/other/virtualcurrencyschemesen.pdf
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Chara Yadav holds MBA in Finance. Her goal is to simplify finance-related topics. She has worked in finance for about 25 years. She has held multiple finance and banking classes for business schools and communities. Read more at her bio page.
