About the Bahamian Dollar
The Bahamian Dollar replaced the Bahamian pound as part of the country's decimalisation program, at a rate of 1 dollar = 7 shillings.
The name 'Dollar' was adopted due to the close economic ties with the United States.
Interesting Facts
One-to-One Peg with USD
The Bahamian Dollar is pegged to the U.S. Dollar at a 1:1 ratio, and U.S. currency is accepted interchangeably throughout The Bahamas.
The Sand Dollar
The Bahamas is a pioneer in digital currency, having launched the 'Sand Dollar', a central bank digital currency (CBDC), for nationwide use.
Unusual Coins and Notes
The Bahamas has some unusual denominations, such as a 15-cent coin and a 3-dollar banknote.
Historical Timeline
The Bahamian Dollar is introduced and pegged to the U.S. Dollar at a rate of 1:1.
The Bahamas gains independence from the United Kingdom.
The Central Bank of The Bahamas launches the 'Sand Dollar', one of the world's first central bank digital currencies (CBDC).
Denominations
Banknotes
Coins
Security Features
Quick Facts
- ISO Code
- BSD
- Symbol
- B$
- Numeric Code
- 044
- Subunit
- Cent (1/100)
- Introduced
- 1966-05-25
Central Bank
- Name
- Central Bank of The Bahamas
- Headquarters
- Nassau, Bahamas
- Founded
- 1974
- Current Governor
- John A. Rolle (since 2016)
Economic Data
- Reserve Currency Share
- 0.0%
- Forex Volume Share
- 0.0%
- Inflation Rate
- 2.1%
- Interest Rate
- 4.00%
Exchange Rates
What Affects the BSD Exchange Rate?
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