Bahamian dollar conversion

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Bahamian dollar

Worldwide use:

  • The Bahamas
  • Turks and Caicos Islands

Description:

The currency of the Bahamas is the Bahamian Dollar. One Dollar is made up of 100 Cents. Coins are issued in 1, 5, 10 and 25 Cents. 15 Cent, 50 Cent, 1 Dollar, 2 Dollar and 5 Dollar coins are also available but not often used. Banknotes are distributed as 1, 5, 10, 20, 50 and 100 Dollar notes. ½ and 3 Dollar notes are also available but rare. The Bahamian Dollar is pegged to the US Dollar at a rate of 1:1, and US Dollars are also widely accepted in The Bahamas to aid tourism from the US.

The 10 Bahamian Cent coin is an unusual scallop shape and the 15 Cent coin is square. All Bahamian coins show the Bahamian Coat of Arms and the phrase "Commonwealth of The Bahamas."

Origin:

The Bahamian Dollar was introduced in 1966 when it replaced the Sterling Pound. At that time, one Dollar was equal to 7 Shillings. Coins were circulated from 1966 but it wasn’t until 1968 that banknotes were first printed. New banknotes designed to combat counterfeiting were issued in 2005.

Component units:

  • Cent (100)

Date introduced:

  • 1966

Central bank:

  • The Central Bank of The Bahamas

Printer:

  • De la Rue, UK

Mint:

  • Royal Canadian Mint & The Royal Mint, London