Bahamas Money
Bahamas 1 one dollar bank note.
Bahamas money. There is no restriction on bringing foreign currency into the bahamas. If you are coming from another country it s wise to change your money before you get to the bahamas. More bahamian dollar info popular us dollar usd currency pairings.
The currency is the bahamian dollar b 1 pegged to the u s. Credit cards are used throughout most of the bahamas especially in the tourist areas but some of the smaller out island require cash for purchases and. 5 cents coin bahamas 1975.
Dollar so that they re always equivalent. Its first issue of notes did not include the 1 2 and 3 dollar denominations but these were reintroduced in 1984. Us dollars are used as readily as bahamian dollars in the bahamas and are equal in value.
Unfortunately like the united states the central bank of the bahamas is not on a gold standard gold cannot be counterfeited and as such a system based on the gold standard is not susceptible to inflationary pressures of debt ridden governments in search of loot and free market banking or free banking is illegal. Christopher columbus a portrait from bahamian money. Fast easy secure international money transfers.
Pound 20 shillings 240 pence till 1966 dollar 0 35 pound 100 cents from 1966. Our currency rankings show that the most popular bahamas dollar exchange rate is the usd to bsd rate. Bahamian dollars banknotes background.
The central bank of the bahamas was established on 1 june 1974 and took over note issuance from that point forward. 100 50 20. Be sure to spend whatever bahamian bills you have before departure as it s nearly impossible to exchange outside the bahamas casinos accept only us s.
A brief monetary history. The bahamas monetary authority took over the issuance of paper money in 1968 issuing the same denominations. Also available are bahamas dollar services like cheap money transfers a bsd currency data and more.
Send money internationally transfer money to friends and family pay bills in person and more at a western union location in nassau new providence. The currency code for dollars is bsd and the currency symbol is. Most large hotels and stores accept traveler s checks but you may have trouble using a personal check.
Bahamas banknotes bahamas paper money catalog and bahamian currency history. Our currency rankings show that the most popular bahamas dollar exchange rate is the usd to bsd rate. The bahamian dollar is the currency of bahamas.
