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HomeCurrencieswhat is BSD currency?what is BSD currency symbol and code?

what is BSD currency?what is BSD currency symbol and code?

what is BSD currency?

The BSD (Bahamian dollar) has been the currency of The Bahamas since 1966. It is normally abbreviated with the dollar sign $, or alternatively B$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents.

On 20 October 2020, the Bahamas became the first country to have a legal digital currency, introducing the Sand Dollar as an alternative to the traditional Bahamian dollar.

BSD currency symbol: $; BSD currency code: BSD

BSD Coins

In 1966, coins were introduced in denominations of 1, 5, 10, 15, 25, 50 cents, 1 and 2 dollars.

BSD Banknotes

In 1966, the government introduced notes in denominations of ½, 1, 3, 5, 10, 20, 50 and 100 dollars. The Bahamas Monetary Authority took over the issuance of paper money in 1968, issuing the same denominations. The Central Bank of The Bahamas was established on 1 June 1974 and took over note issuance from that point forward. Its first issue of notes did not include the ½ and 3 dollar denominations but these were reintroduced in 1984.