About the Barbadian Dollar
The Barbadian Dollar was introduced in 1973, replacing the East Caribbean Dollar at par. This move coincided with the establishment of the Central Bank of Barbados.
The name 'Dollar' originates from the Spanish 'dollar', a currency that was widely used in the Americas.
Interesting Facts
Fixed Exchange Rate
The Barbadian Dollar has been pegged to the U.S. Dollar at a fixed rate of 2 BBD = 1 USD since 1975, providing economic stability.
Neptune's Trident
The national symbol, Neptune's trident, is featured on the Barbadian flag and on the 1 dollar coin.
Polymer Banknotes
In 2022, Barbados introduced a new series of polymer banknotes to improve durability and security.
Historical Timeline
The British West Indian Dollar is introduced.
The East Caribbean Dollar replaces the British West Indian Dollar.
The Central Bank of Barbados is established.
The Barbadian Dollar is introduced.
The Barbadian Dollar is pegged to the U.S. Dollar at a rate of 2:1.
Denominations
Banknotes
Coins
Security Features
Quick Facts
- ISO Code
- BBD
- Symbol
- Bds$
- Numeric Code
- 052
- Subunit
- Cent (1/100)
- Introduced
- 1973-12-03
Central Bank
- Name
- Central Bank of Barbados
- Headquarters
- Bridgetown, Barbados
- Founded
- 1972
- Current Governor
- Kevin Greenidge (since 2023)
Economic Data
- Reserve Currency Share
- 0.0%
- Forex Volume Share
- 0.0%
- Inflation Rate
- 3.9%
- Interest Rate
- 2.00%
Exchange Rates
What Affects the BBD Exchange Rate?
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