Bahamian Dollar in Singapore Dollar

BSD Bahamian Dollar

Country of application:
Bahamas

Coin denominations in circulation:
1, 5, 10, 25 cents.

Denominations of banknotes in circulation:
1, 5, 10, 20, 50, 100 dollars.

History reference:
The Bahamian dollar has been the national currency and money of the Commonwealth of the Bahamas since 1966. It replaced the Bahamian pound when the islands were granted self-government, and later ind...ependence (although the country remained part of the British Commonwealth). The Bahamian dollar replaced the Bahamian pound, which was equal to the British pound sterling, divided into 20 shillings or 240 pence, at a ratio of 1 dollar = 7 shillings (1 dollar = 0.35 pounds) in 1966. At the same time, a transition was made to the decimal system - the Bahamian dollar began to equal 100 cents. During the transition to a new currency, three-dollar bills and coins of fifteen cents were introduced, since three dollars are approximately equal to one pound, and fifteen cents - 1 shilling, which was convenient during the transition period.

SGD Singapore Dollar

Country of application:
Singapore

Coin denominations in circulation:
$ 1, 50, 20, 10, 5 and 1 cent.

Denominations of banknotes in circulation:
10 thousand, 1 thousand, 100, 50, 10, 5, 2 dollars.

History reference:
The Singapore dollar is the national currency of Singapore. Singapore was founded by Sir Stamford Raffles in February 1819. Until June 1823, Singapore was under British colonial rule. During this per...iod, Singapore became an important center of transit trade in Southeast Asia and a major port city. In circulation in Singapore, the first coins appeared in 1824, minted by the Calcutta Mint in India. The coins were made of copper with a face value of 1/3 cent and silver with a face value of 1/30 dollar. Between 1845 and 1939 Singapore used the Straits dollar. After that it was replaced by the Malayan dollar, and from 1953 by the Malaya and British Borneo dollar, which were issued by the Board of Commissioners of the Currency in Malaya and British Borneo.