BSD (Bahamian Dollar)

BSD (Bahamian Dollar)
The currency abbreviation or currency symbol for the Bahamian dollar (BSD), the currency of the Bahamas. The Bahamian dollar is made up of 100 cents, and is often presented with the dollar sign as B$ to allow it to be distinguished from other currencies denominated in dollars, such as the U.S. dollar (USD). BSD is pegged to the U.S. dollar at parity; as a result, businesses in the Bahamas accept either currency.

The Bahamian dollar replaced the British pound in 1966 at a rate of 7 shillings to 1 Bahamanian dollar. This rate was established based on parity with the U.S. dollar because the fixed exchange rate of the GBP/USD was 1 pound = 2.8 U.S. dollars. Due to this parity, the Bahamas operates under what is known as a bimonetary system, in which both the Bahamian dollar and the U.S. dollar are national currencies.


Investment dictionary. . 2012.

Игры ⚽ Нужно сделать НИР?

Look at other dictionaries:

  • Bahamian dollar — Infobox Currency image 1= BahamaDollar.jpg image title 1=$1 note featuring Queen Elizabeth II (currently being replaced by new $1 note featuring Sir Lynden Pindling) iso code = BSD using countries = The Bahamas inflation rate = 1.2% inflation… …   Wikipedia

  • BSD (disambiguation) — BSD can refer to any of the following acronyms:*Bahamian dollar, ISO 4217 *Beaverton School District, a school district in Beaverton, Oregon, USA. *Bellevue School District, the school district of Bellevue, Washington, USA. *Berkeley Software… …   Wikipedia

  • Dollar — Dolar redirects here. For the Slovenian philosopher, see Mladen Dolar. For the municipality in Spain, see Dólar. For other uses, see Dollar (disambiguation). United States dollar bill The dollar (often represented by the dollar sign $) is the… …   Wikipedia

  • BSD —   Swift currency code for the Bahamian Dollar …   International financial encyclopaedia

  • Dollar bahaméen — Unité monétaire moderne actuelle Pays officiellement utilisateur(s)  Bahamas Banque centrale Banque centrale des Bahamas ( …   Wikipédia en Français

  • Багамский доллар —  (рус.) Bahamian Dollar  (англ.) Dollar des Bahamas  (фр.) …   Википедия

  • Economy of the Bahamas — Infobox Economy country = The Bahamas width = 300px caption = Bahamian 5 cent coins kk currency = Bahamian dollar (BSD) year = 1 July 30 June organs = WTO, CARICOM rank = 153th gdp = $6.098 billion (2005 est.) growth = 3.5% (2005 est.) per capita …   Wikipedia

  • The Bahamas — This article is about the country. For the Canadian singer guitarist, see Bahamas (musician). Commonwealth of the Bahamas …   Wikipedia

  • Коды и классификаторы валют — Датский рекламный плакат. Цена в датских кронах выражена с помощью кода ISO 4217, в евро с использованием знака евро Код валюты относительно короткая последовательность …   Википедия

  • List of circulating currencies — A currency is a unit of exchange and hence a kind of money and medium of exchange. Currency includes paper or polymer banknotes and metal coins. Countries generally have a monopoly on the issuing of currency, although some countries share… …   Wikipedia

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”